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Posted By: diggingdeeper Banks at it Again - 13th Jul 2015 3:18pm
I hope this never comes about .... banks are hoping to be able to use shares as collateral for the Bank of England instead of the current system of using very low risk deposits.

Yet another pile of dominoes and playing cards being set up that could literally collapse overnight leaving the country at risk instead of just the banks.

What are the Bank of England thinking of???

SOURCE
Posted By: venice Re: Banks at it Again - 13th Jul 2015 3:25pm
Holy sh*...ares !!!! That would be disastrous!! AND its not even April 1st ! This can't be serious --aargh I feel a Victor \Meldrew moment coming on .
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