Italian bank goes pop! Italian bank goes pop!
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  1. #1

    Richer than sasguru

    DimPrawn is a fount of knowledge

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    Default Italian bank goes pop!

    I was miserable and depressed, but CUK turned it all around. Now I'm depressed and miserable´╗┐.

  2. #2

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    xoggoth - scorchio!

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    That's b******t!
    bloggoth

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  3. #3

    Prof Cunning @ Oxford Uni

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    It went pop in April.
    https://www.bankingsupervision.europ..._201806.en.pdf

    Then in July, the bosses of the bank were sentenced to jail time for fraud & money laundering.
    Truffa Carige, condanna confermata e aumentata in Appello per Berneschi - Repubblica.it
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  4. #4

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    Quote Originally Posted by DimPrawn View Post
    This could be the EU's "Archduke Ferdinand" moment, at least for the way over-valued Euro.

    Oh Dear, Never Mind, What a Pity

    Perfect timing, if the Euro turns to rat sh*t, what with the (cough) thingie vote coming up!
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  5. #5

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    ...and the pound drops 0.5% against the Euro

    I'm alright Jack

  6. #6

    Nervous Newbie

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    Quote Originally Posted by OwlHoot View Post
    This could be the EU's "Archduke Ferdinand" moment, at least for the way over-valued Euro.
    When you think like that, everything's over-valued. We're due for some bubble popping action in the next couple of years.

  7. #7

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    Quote Originally Posted by Kinlaw View Post
    When you think like that, everything's over-valued. We're due for some bubble popping action in the next couple of years.
    Indeed when everything goes down in unison then nothing actually happens, except of course the price of gold.

    I'm alright Jack

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