Bank run in Ireland to the tune of 10 Billion | |
Khim User ID: 1021731 United States 11/15/2010 12:47 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1164718 Germany 11/15/2010 01:01 AM Report Abusive Post Report Copyright Violation | [link to www.marketoracle.co.uk] Quoting: Anonymous Coward 516293snip There was a bank run in Ireland on Wednesday. LCH Clearnet, a London based clearinghouse, surprised the markets by announcing it would increase margin requirements on Irish debt by 15 percent. That's all it took to send investors fleeing for the exits. Yields on Irish bonds spiked sharply as banks tried to close positions or raise the capital needed to meet the new requirements. The Irish 10-year bond soared to 8.9 percent by day's end, more than 6 percentage points higher than "risk free" German sovereign debt. The ECB will have to intervene. Ireland is on its way to default. LOL Yeah, just keep telling yourself... That is a thing of the past since the EU is a de-facto debt union now. Wait until people realize that. |
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Anonymous Coward User ID: 1166977 Portugal 11/17/2010 07:46 AM Report Abusive Post Report Copyright Violation | Yes and they are increasing it! [link to www.godlikeproductions.com] |
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Richard Eldritch User ID: 1167017 United Kingdom 11/18/2010 10:54 AM Report Abusive Post Report Copyright Violation | In the midst of a thread about Irish bank runs there is an ongoing argument about potatoes between Americans, Irish, and someone with a Hong Kong flag. Quoting: MolemanThis is why I love GLP. I love mashed 'atatos! Hmmmmm.... Tatos UGLUGLUGUKUKUKkkk.... Last Edited by Richard Eldritch on 11/18/2010 10:56 AM HUSSAR! |
Moleman User ID: 1168253 United States 11/18/2010 11:00 AM Report Abusive Post Report Copyright Violation | |
Richard Eldritch User ID: 1167017 United Kingdom 11/18/2010 11:01 AM Report Abusive Post Report Copyright Violation | I read somewhere that the French refused to eat them even when they were starving. One of their Kings, Louie or Bernard or something had to convince them otherwise. Quoting: MolemanIt's true ! They can be poisonious if Green.They are related to Deadly nightshade. HUSSAR! |
Moleman User ID: 1168253 United States 11/18/2010 11:07 AM Report Abusive Post Report Copyright Violation | I read somewhere that the French refused to eat them even when they were starving. One of their Kings, Louie or Bernard or something had to convince them otherwise. Quoting: Richard EldritchIt's true ! They can be poisonious if Green.They are related to Deadly nightshade. Do I detect a hint of a Froggie accent in your writings, Dickie? eh, Parlez vous? Follow Me! |
Anonymous Coward User ID: 1168129 Portugal 11/18/2010 11:23 AM Report Abusive Post Report Copyright Violation | |
Richard Eldritch User ID: 1167017 United Kingdom 11/18/2010 11:43 AM Report Abusive Post Report Copyright Violation | I read somewhere that the French refused to eat them even when they were starving. One of their Kings, Louie or Bernard or something had to convince them otherwise. Quoting: MolemanIt's true ! They can be poisonious if Green.They are related to Deadly nightshade. Do I detect a hint of a Froggie accent in your writings, Dickie? eh, Parlez vous? Je suis un Rost biffe. HUSSAR! |
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