Bail-Ins Funded by DEPOSITORS--Next downturn...Coming to a bank near U? (U as in U.S.A.)

" the greater the ultimate bail out cost, and the greater the haircut of not only equity and debt stakeholders but also depositors...

Others, including Germany, however, are lukewarm and could push for losses for large depositors with more than 100,000 euros on their accounts, or bondholders....

Any such direct ESM aid requires that losses first be imposed on some of the banks' bondholders and even large depositors...

Whatever sympathy there was for Greece has evaporated..."


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