Why did everyone suddenly pay the debts of the banks?
Yesterday evening, 01/03/2013 a Criminal Complaint was lodged and a statement taken by An Garda Siochana at the Bridewell Station in Dublin. The criminal acts complained and alleged in the statement pertain to Allied Irish Bank plc and include reckless lending, operating a Bank without a valid Bank License and breach of Liquidity Laws among others, this only the second such complaint made in the history of the State, the first having been made on February 14th 2013 at Malahide Garda Station, to date no “Pulse” incident number has been provided by An Garda Siochana for the first complaint, that in itself is the basis of a subsequent complaint to the Garda Ombudsman, the Dept of Justice and the Minister himself. The complaint lodged last night has been assigned a Pulse incident number, we will await the outcome of the Garda investigation of this Criminal Complaint.
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Below some sound bites
The financial institutions of today have become the tsunamis of fiscal catastrophe for all but the inner circle. These Draculas of pecuniary are the epicenter of greed and corruption and appear to have the freedom to bleed, people, banks and nation-states of their wealth.
a backdoor bailout of invisible financial players who failed to manage their exposure to a shaky borrower (Anglo)
In the German domestic market, the banks behaved impeccably. However, the external
dealings of these banks came from either a financial asylum or a home for retards.