xjo weekend zoomba lounge, page-62

This is what I have been waffling on about today.. and here is the evidence to back it up....In a nutshell, the assests will be sold off cheaply to finance the money to put into the cash draw of the same institution....Sell the farm....next will be the bathwater.

Banks Globally will suffer big time on these actions.....

http://www.bloomberg.com/news/2011-10-06/banks-to-sell-40b-of-assets-amid-eu-crisis.html

Banks to Sell $40B of Assets Amid EU Crisis


European banks are planning to sell more than 30 billion euros ($40 billion) of assets as the debt crisis increases the need to raise capital, according KPMG LLP.