“There is not and there will not be a banking crisis in Italy, nor will there be a European financial crisis coming from Italy”: EU Commissioner Moscovici
Teetering Eurozone banks exposed to flying shrapnel.
Banks cannot be allowed, at any cost, to suffer the consequences of their own chronic mismanagement, or worse.
Short-sellers have a field day with Spain’s “Most Italian Bank.”
Who Will Be the Bag Holders?
There’s a pervasive sense of inevitability to Italy’s banking crisis.
It all began when Slovenian Police, acting on an insider tip, raided the headquarters of the central bank and a state-owned bank. €257 million in bank bailout money is alleged to have disappeared. How much money could be made to disappear in Italy’s bank bailout?
But is Pemex too big to save for Mexico?
How to dump toxic waste on the pubic through the backdoor.
Exploiting knowledge and connections, Goldman-like.