Italian Banks Crash To New Lows Despite Passing Self-Defined Stress-Test

by Tyler Durden
ZeroHedge.com
Jul 7, 2016

Have no fear, Banco Popolare has run its own stress test (on itself) and has stated that it is “resilient to shocks.” However, it appears investors do not believe them as Italian banks, led by Monte Paschi (which as a reminder is under a short-sale ban) plunged to new record lows.

The Rest…HERE

This entry was posted on Thursday, July 7th, 2016 at 12:42 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.