Bail-Ins: Financial Terrorism

“In a bail-in, much like a standard Chapter 11 bankruptcy, the goal is to reorganize a bank’s capital structure — and to do it far more quickly to avoid the potential for systemic risk,” said Ervin, now a senior advisor at Credit Suisse.


- by George X Lampkin

FYI: At this hour, America and worldwide banks are cross-collateralized to each other with massive derivative exposure. 

There is NO liquidity in the system, which will, accordingly, trigger the 'Dodd-Frank Provision' on derivative payments aka re-collateralization of the banks using the deposits of every American with a savings deposit. 

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