Tag Archives: Bankia

Bankia Depositors: Thrice Screwed

1 May (LPAC) A May 1, 2013, article in Spain’s elconfidencial.com confirms what EIR and LaRouchePAC had suspected: that vulture funds and other speculators have been buying up “preferentes” common stock in Bankia and other bankrupt Spanish banks from depositor … Continue reading

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Bank of England and FDIC Strategise on Saving their System by Killing YOU

30 Mar (LPAC) What? You don’t know what a G-SIFI is? You will soon. The Bank of England and the U.S. Federal Deposit Insurance Corporation jointly authored a paper published on Dec. 10, 2012, titled “Resolving Globally Active, Systemically Important, … Continue reading

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Spanish Bank Deposits Seized, Cyprus-Style

  27 Mar (LPAC) Eurogroup President Joeron Dijsselbloem caused both a political furor and rumblings of major bank runs across Europe, with his remarks March 25 that the great bank heist in Cyprus was actually a “template” for other European … Continue reading

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Cyprus Template: The Case of Spain

An interview with Dennis Small of Executive Intelligence Review, on how the Cyprus model is being applied to the rest of the Eurozone: in particular, to Bankia in Spain. But the Cyprus template is in fact being applied in Spain … Continue reading

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Eurozone Bank Crisis is Back on; Now Depositors are Robbed in Spain

Significant contagion has appeared in the first 24 hours after the Cyprus bank crisis “resolution,” with the forced bankruptcy of a large Spanish bank inclusive of a partial wipeout of depositors, and the pounding of bank stocks on the markets … Continue reading

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Spanish Euro Crisis – News Update

There is now no possible denial of what LaRouche declared this weekend – that the transatlantic financial system has entered its terminal phase of a long fermenting general breakdown crisis. There is no scheme or fantasy that’s going to hold … Continue reading

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VOTE NO WHILE THE EURO DIES

If the government wasn’t such cowardly liars they might have the decency to admit that scaring the population into voting for a “stability treaty” has become even more ridiculous since the death watch of the euro started on Friday night. … Continue reading

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28 May Strategic Overview TransAtlantic financial breakdown strikes

May 28, 2012 · Strategic Overview 52 min 20 sec ago The long-simmering general financial breakdown crisis has now struck. Either the strict Glass-Steagall law is immediately reinstalled, or a world crisis beyond precedent will soon meet us, perhaps as … Continue reading

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Financial System Disintegrating at Breathtaking Speed

The sudden pileup of banking and debt crises, combined with an already ongoing flight capital panic out of Spain, now poses the very real question:  Will the trans-Atlantic financial system survive into the middle of next week? As reported late … Continue reading

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JP Morgan Fiasco Shows Need for Glass-Steagall

by John Hoefle This article appears in the May 18, 2012 issue of Executive Intelligence Review. May 14—The May 10 surprise announcement by JP Morgan Chase of a $2 billion loss on derivatives trades, and the response to that loss … Continue reading

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