All banks are bankrupt or rather are insolvent. The thing is medially to point out those banks that are not controlled by Zion to take them down and then buy them .
In Spain, now the only solvent medium bank, thanks to the rescue, is Bankia ... and neither he nor the BBVA, who wanted to acquire limpiamentem could do anything to gain by Popular pressures are assumed.
Santander as Intense Sanpaolo, are controlled by Zionist banking banks. Both banks were rescued underhand in the early years of the 2008 crisis by the Fed under President Obama and behind it. Later, the work of the ECB to keep correponde annually injects money they need to survive.
As can be seen, not only it does not do what they said they would do ... I mean, create and maintain banks that can not be dropped, but their number increases and all controlled by Zion. So in the end, their sanitation, fraud and embezzlement touch us taxpayers pay them.
Armak of Odelot
shareholders Intense Sanpaolo
AccionistaParticipación
Compagnia di San Paolo 9.718%
Fondazione Cariplo 4.948%
Fondazione CR Padova e Rovigo 4.839%
Credit Agricole 3.819%
Generali 3.812%
Banking CR Firenze 3.320%
BlackRock 2.430%
Fondazione CR in Bologna 2.023%
Rome intervenes urgent two banks and mobilizes public 17,000 million
www.teinteresa.
is Original
June 25th, 2017
The Italian government today approved the "orderly liquidation" of two banks of the rich Veneto region (north-east), with a decree law that allows lease its healthy Intesa Sanpaolo assets and will facilitate them to continue their activity.
In Spain, now the only solvent medium bank, thanks to the rescue, is Bankia ... and neither he nor the BBVA, who wanted to acquire limpiamentem could do anything to gain by Popular pressures are assumed.
Santander as Intense Sanpaolo, are controlled by Zionist banking banks. Both banks were rescued underhand in the early years of the 2008 crisis by the Fed under President Obama and behind it. Later, the work of the ECB to keep correponde annually injects money they need to survive.
As can be seen, not only it does not do what they said they would do ... I mean, create and maintain banks that can not be dropped, but their number increases and all controlled by Zion. So in the end, their sanitation, fraud and embezzlement touch us taxpayers pay them.
Armak of Odelot
shareholders Intense Sanpaolo
AccionistaParticipación
Compagnia di San Paolo 9.718%
Fondazione Cariplo 4.948%
Fondazione CR Padova e Rovigo 4.839%
Credit Agricole 3.819%
Generali 3.812%
Banking CR Firenze 3.320%
BlackRock 2.430%
Fondazione CR in Bologna 2.023%
Rome intervenes urgent two banks and mobilizes public 17,000 million
www.teinteresa.
is Original
June 25th, 2017
The Italian government today approved the "orderly liquidation" of two banks of the rich Veneto region (north-east), with a decree law that allows lease its healthy Intesa Sanpaolo assets and will facilitate them to continue their activity.
Branches of Banca Popolare di Vicenza and Veneto Banca will open on Monday after the approval of the decree by way of urgency, at an extraordinary meeting of the council of ministers convened to implement the instructions sent from the European institutions.
The European Single Board Resolution (JUR) on Friday ordered to liquidate both entities after the European Central Bank (ECB) is satisfied that are not feasible or are on track to be.
Intesa Sanpaolo, Italy 's banking group, will be done with the two entities settled administratively, confirmed the prime minister, Paolo Gentiloni, who noted that thus to deposit holders and holders of senior bonds will be protected.
"This crisis has reached levels that this intervention has become necessary , " admitted Gentiloni at a press conference in which he stressed that the decision was "very important and very urgent and necessary" and thus "disorderly bankruptcy" is avoided.
With the decree approved today "resources to 17,000 millions" of euros are mobilized, the minister of Economy and Finance, Pier Carlo Padoan, who argued that the solution adopted was "the only alternative to disorderly liquidation" of the two entities.
" facilitated by the intervention of Intesa Sanpaolo, who will participate in the operation through the acquisition of the healthy assets of the two entities. Padoan said State Intesa will receive 4,785 million euros in "cash advance", intended for the entity to purchase the banks vénetos "necessary to maintain equity capitalization and strengthening operations.
" The minister insisted questions from the press that the "cash disbursement" of the state in this operation will be that amount and that public intervention will not have impact on the national debt.
"These are resources already funded by resources already legislated" which are linked with regulations adopted last December regarding preventive capitalization for banks "so there is no impact on public finances," he said Padoan.
Before the adoption of the decree law was announced that the Board of Directors of Intesa Sanpaolo, authorized the purchase of healthy assets from banks and vénetos delegated to its president, Carlo Messina, the mandate for the closing of the transaction.
The opposition called it a huge gift The operation will force close about 600 branches (of the total of just over six thousand to join the network of the two vénetos banks plus Intesa Sanpaolo) and toward a reduction of up to about 4,000 jobs, the total of over one hundred thousand employees who happens to have all the three banks, according to local media.
Throughout the weekend the criticisms of the operation were not lacking both from the opposition and from associations of consumer protection. Saturday Stefano Fassina, deputy future Sinistra (FS) and former member of the government 's Democratic Party (PD) described the procedure "tremendous gift" to the bank Intesa Sanpaolo and "hurt taxpayers.
" The Association for the Rights of Users and Consumers (ADUC) issued a statement meanwhile which also considered that the two entities will be "given away" Intesa Sanpaolo "for one euro". Although this amount was not mentioned by the country 's largest bank is certain that Intesa Sanpaolo had expressed their intention to participate in the purchase of "
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