European banks have already received 420 billion Euros, reveals EC

Friday, September 23rd 2011 - 23:12 UTC

Full article 2 comments

“The recapitalization of European banks is something that is ongoing, it is something that is already happening,” Commission spokesman Olivier Bailly told a regular briefing. Read full article

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GeoffWard2
So, the European banks have - so far - received, ad hoc, over 1,000 GB pounds for *every man, woman and child in the EU*.

Because many European citizens are non-productive (OAPs, school/pre-school, unemployed, etc) and/or non-taxpayers:

that's over 3,000 gbp for the average EU family,

massively and disproportionately more for higher earning families,

and even more massively and disproportionately more for German, French and British higher earning families.

But not necessarily more for the bankers and the highest earning families - whe employ 'accountants' to ensure they do not do so.
Sep 24th, 2011 - 06:45 pm - Link - Report abuse 0
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Fido Dido
hey dickhead (GeoffTard2)

Where is the outrage huh? where are the blowhards that always scream so hard how great they are and know things so much better? Where are those so called Free -traders, huh? Remember, in capitalism if you loose, you fail. But oh no, banks are being bailed, because they are to big to fail.
Sep 25th, 2011 - 04:36 pm - Link - Report abuse 0
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