Monday, August 3, 2015

The Greek Banksters of Triskelion

August 3, 2015
Greek stock market tumbles after five-week shutdown

This all puts Greek bank shares in the spotlight. Recapitalisation, both long- and short-term, waters down the value of existing shares. The banks are also not making profits this year and have lots of bad loans.



We're free people. We belong to no one.

2 comments:

Who Struck John said...

The Greek people voted for moonshine and rainbows, paid for at European expense. In reality that was never a choice. In the final extremity, the political leadership chose to live on their knees rather than die on their feet. I feel very sorry for the Greek people as they would have been far better off with Grexit 5 years ago, or 3 years ago, or even now. They have been sentenced to generations of poverty.

Stagflationary Mark said...

Who Struck John,

The free lunch came with an economic prison sentence. Sigh.