Socialized losses to the tune of 3.7 billion Euro’s (official numbers so probably a big fat lie) not a single arrest.
This bank has been nationalized today big news in Holland. (not sure if that was clear from the posted article.)
I wish I could edit my replies sorry:
Article does not mention that this was one of the 4 big dutch banks that were stress tested in 2011.
Our other banks are chipping in a billion, one of the banks is already nationalized haha.
There are concerns now that Holland will have to face more austerity now that we had to bail out yet another bank.
Our newspapers have got some excellent pr presentations on why it was all necessary.
I am left disgusted.
It’s amazing to see how little criticism is coming from the MSM about this nationalization.
Of course most of my fellow country men are still suffering from a severe case of cognitive dissonance concerning the huge property bubble that has bursted.
You can sense the anger about the rizing taxes, austerity measures, lowered pension benefits but most people simply don’t see the connection with the huge mortgage bubble and other household debts the Dutch people hold. It’s a shame to see how little most Dutch people know about the true nature of the financial system.
@ Sirial & Solaris: I agree 1000%!
Unbelievable that the people can’t see what happens.
Thanks to the brainwashing of the banksters.
FUCK THE BANKSTERS!!!!
Dutch Caps are pretty safe
Obligationholders were not asked to pay in as well.
This means that TPTB are too scared to offend them.
So this nationalisation was still not done i n a proper way.
I want to see max in NL.
That is all.
I mean, what a great image to see Max & Stacy riding bikes in NL. Tell me you don’t want to see that, people. Tell me.
You can’t. ‘Cause you do. You just do.
Top 10 Countries with Most Bicycles per Capita | Top 10 Hell
What is safe?
They still don’t dare to crash the bank or at least put the bad parts in a bad bank.
They do not let the obligation holders pay.
They just socialise the risk and do as they did with ABN-AMRO and/or ING.