40% of Eurozone Banks Are In Bad Shape

 

Home Forums The Automatic Earth Forum 40% of Eurozone Banks Are In Bad Shape

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #16065

    David Myers Theatre on 9th Street. Washington, DC July 1939 Reuters has had a busy day today reporting on Europe’s banks and the stress tests the Euro
    [See the full post at: 40% of Eurozone Banks Are In Bad Shape]

    #16067
    Gravity
    Participant

    I’m in 40% good shape with no money in the bank, so that evens out.

    Gravity is a rehypothecated algorithm.

    #16068
    rapier
    Participant

    Whose idea was it to have a sort of legitimate stress test? Heads should roll. 99% of the people in the world don’t know what a bank balance sheet is. Don’t know an bank asset from a liability. Of the 1% who do know 99% don’t care what the numbers are. As long as a bank has liquidity it’s good. Double entry bookkeeping is so 15th century.

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.

Sorry, the comment form is closed at this time.