European Tribune

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The Danish bailout depositor guarantee also comes with strings attached in the form of an insurance premium and a not inconsiderable up-front allocation of the banks' capital to burn through before the tax payers take a hit.

A while ago, I promised to go through all the legalese and try to figure out where the one-armed blind man with a limp is, but I've been doing other things so far...

- Jake

640 kiloton should be enough for anybody

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Nov 22nd, 2008 at 11:43:39 AM EST
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