Portugal Is Not Fixed: Banco Espirito Santo Bonds Collapse To Record Lows…”bail-ins means confiscation”

by Tyler Durden
ZeroHedge.com
07/14/2014

Presented with little comment aside to remind the gung-ho stock-buyers who have been convinced (because the mainstream media has moved on from Banco Espirito Santo contagion concerns) that Portugal is anything but fixed. No government bailout coming means bail-ins and bail-ins means confiscation… Banco Espirito Santo bonds are collapsing today… down almost 8 points as they know this doesn’t end well.

The Rest…HERE

This entry was posted on Monday, July 14th, 2014 at 11:11 am and is filed under Conspiracy, Corruption, Economics, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.