Bail-Ins Go Before The ECB’s Fall

LiberBank is teetering in the wake of Banko Popular's sale to Santander. The ECB admitted it is policy-trapped last week. European financials will see capital flight, front-running the next bail-in. The ECB signed its own death warrant with last week's abrupt bail-in and resolution of Spain's Banko Popular (OTCPK:BPESY) in which rival Santander (NYSE:SAN) acquired … Continue reading Bail-Ins Go Before The ECB’s Fall