Banks Are Still Running Amok; When Will We Do Something About It?
filed in Daily Buzz News on Nov.30, 2010
Karl Denninger submits:
Ambrose-Evans Pritchard manages to speak the truth in The Telegraph today:
Stripped to its essentials, the €85bn package imposed on Ireland by the Eurogroup and the European Central Bank is a bail-out for improvident British, German, Dutch, and Belgian bankers and creditors.