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Italian bank goes pop!

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    Italian bank goes pop!

    ECB appoints temporary administrators for Banca Carige

    I blame b****t

    #2
    That's b******t!
    bloggoth

    If everything isn't black and white, I say, 'Why the hell not?'
    John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

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      #3
      It went pop in April.
      https://www.bankingsupervision.europ..._201806.en.pdf

      Then in July, the bosses of the bank were sentenced to jail time for fraud & money laundering.
      Truffa Carige, condanna confermata e aumentata in Appello per Berneschi - Repubblica.it
      …Maybe we ain’t that young anymore

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        #4
        Originally posted by DimPrawn View Post
        This could be the EU's "Archduke Ferdinand" moment, at least for the way over-valued Euro.

        Oh Dear, Never Mind, What a Pity

        Perfect timing, if the Euro turns to rat sh*t, what with the (cough) thingie vote coming up!
        Work in the public sector? Read the IR35 FAQ here

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          #5
          ...and the pound drops 0.5% against the Euro

          I'm alright Jack

          Comment


            #6
            Originally posted by OwlHoot View Post
            This could be the EU's "Archduke Ferdinand" moment, at least for the way over-valued Euro.
            When you think like that, everything's over-valued. We're due for some bubble popping action in the next couple of years.
            Here are some accurate golf rangefinders to check out.

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              #7
              Originally posted by Kinlaw View Post
              When you think like that, everything's over-valued. We're due for some bubble popping action in the next couple of years.
              Indeed when everything goes down in unison then nothing actually happens, except of course the price of gold.

              I'm alright Jack

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