Banks in trouble, can equally bankrupt countries bail them out this time?

Those blood sucker bank, when there are in trouble they want the govermevt to bail them out, when they earn $$$ don't want to Pay back yet reward the top management with Big fat $$$

of course la. What did you expect. At that level most if not all of them are greedy money grasping crooks.

sta1100 said:

Those blood sucker bank, when there are in trouble they want the govermevt to bail them out, when they earn $$$ don't want to Pay back yet reward the top management with Big fat $$$

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Dont waste tax payer money to bail them out. Let the market decide eg. merger/take over/bankrupt.

Give them the money, and they pay themselves by the MILLIONS like SOMEONE we know of. The evil of capitalism.

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The bailout has begun. This time, the govt is saving the deposit banking op ...

Belgium to Buy Dexia’s Consumer Unit for $5.4B

Belgium agreed to buy the local consumer-lending unit of Dexia SA (DEXB), ending a 15-year cross-border experiment with France after the European debt crisis deepened.

The Belgian federal government will pay 4 billion euros ($5.4 billion) for the division and guarantee 60 percent of a so-called bad bank to be set up for Dexia’s troubled assets, Finance Minister Didier Reynders said at a press conference today in Brussels.

The dismantling of Dexia, once the world’s leading lender to municipalities, became inevitable after concern over European sovereign debt holdings caused its short-term funding to evaporate. Dexia’s breakup, three months after it got a clean bill of health in European Union stress tests, brought the region’s banking crisis from the continent’s periphery to its center.

“Dexia is not an isolated problem,” said Cor Kluis, an Utrecht, Netherlands-based analyst at Rabobank International who rates Dexia “reduce.” “The question for all investors in Europe is how politicians are going to handle this, and what they want to see is a coordinated and professional solution. That would be a good opportunity to restore calm.”

Nermind lah. Men started without money. Still can survive.

We bail our government out....isn't that a world's achievement??

Now with a Belgium bank in trouble, does that mean that the Euro will start to unravel? please note Greece and Ireland and now Cyprus not out of the woods yet hor. Just my rants

sta1100 said:

Those blood sucker bank, when there are in trouble they want the govermevt to bail them out, when they earn $$$ don't want to Pay back yet reward the top management with Big fat $$$

Click to expand...

isn't this the same as your PAP govt, privatised the SBS and TIBS bus service, and mrt, when got problem , use tax payer money to solve their problems.. Then got profit, share the gains by the shareholders.

did they pay back the money to the taxpayers??

private central banks can create unlimited money.................they can bail out the whole solar system also ....................


all the bankrupt countries owe these private central banks money..................the banks' owners are the true masters of this planet........