BAIL-IN

A FEW REASONS TO BAIL-OUT OF CORPORATE JURISDICTION

Understanding The Origins Of Coporate Jurisdiction
https://thereisnodebt.wordpress.com/2013/04/28/the-law/

Bail In………..you have been warned…..
http://awakenlongford.wordpress.com/2013/04/29/bail-in-you-have-been-warned/

The Bankers EU and the European Commission had “bail-in” plans as long ago as October 2010 for all of the countries in the European Union
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October 2010

Crisis Management

Note.- Select 3rd bullet-point heading:

Final technical discussions to prepare the Commission’s proposal for a European framework for bank recovery and resolution

http://ec.europa.eu/internal_market/bank/crisis_management/
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Discussion Paper for the “bail-in” plan. Ref. mark Oct 2010 titled:

Discussion paper on the debt write-down tool – bail-in
http://ec.europa.eu/internal_market/bank/docs/crisis-management/discussion_paper_bail_in_en.pdf
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March 2013

Why the Cyprus Bail In Is a Bigger Deal Than You Think
http://finance.yahoo.com/blogs/daily-ticker/why-cyprus-bail-bigger-deal-think-141844378.html
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March 2013

Here We Go Again: EU Lawmaker To Push For Bail-In Resolution Law For Deposits Over €100K
http://www.zerohedge.com/news/2013-03-26/here-we-go-again-eu-lawmaker-push-bail-resolution-law-deposits-over-€100k
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March 2013

With Cyprus Bail-In, Europe Bids Adieu to ‘Too Big to Fail’

Note.- 1st paragraph, last sentence, reads in part:

“… , and the financial burden shared by creditors and depositors, rather than automatically shouldered by taxpayers.”

Comment.- Depositors are those with a bank account

http://business.time.com/2013/03/28/with-cyprus-bail-in-europe-bids-adieu-to-too-big-to-fail/
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April 2013

Covered Bonds Will Be Spared in EU Bail-In Rule, Lawmaker Says

Note.- Paragraph 10 reads:

“The EU faces a self-imposed June deadline to adopt legislation for handling bank failures, which requires approval from the parliament and national governments before it can take effect.”

Comment.- This is just a formality. It will pass. One sure assumption to make is, do not think your money in your bank account will ever be safe. There are no guarantees.

http://www.bloomberg.com/news/2013-04-04/covered-bonds-will-be-spared-in-eu-bail-in-rule-lawmaker-says.html
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April 2013

EU mulls bank law to impose losses on depositors
http://www.reuters.com/article/2013/04/10/us-eu-banking-bailin-idUSBRE9390NQ20130410
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April 2013

Europe Is Warming to Depositor Theft aka ‘Bail-In’
http://stratrisks.com/geostrat/12104
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April 2013

Everything Is Rigged: The Biggest Price-Fixing Scandal Ever
http://www.rollingstone.com/politics/news/everything-is-rigged-the-biggest-financial-scandal-yet-20130425?src=longreads
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April 2013 – WHOOOOPS!

At $72.8 Trillion, Presenting The Bank With The Biggest Derivative Exposure In The World (Hint: Not JPMorgan)
http://www.zerohedge.com/news/2013-04-29/728-trillion-presenting-bank-biggest-derivative-exposure-world-hint-not-jpmorgan

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