European Banks Crash To Worst 2-Day Loss Ever As Default Risk Soars

by Tyler Durden
ZeroHedge.com
Jun 27, 2016

So much for George “Panic-Monger” Osborne’s calming statement this morning, European banks have collapsed this morning to close down between 20% and 30% since the Brexity vote. The last 2 days plunge in EU banks (down 23%) is the largest in history (double the size of Lehman) and pushes European bank equity market cap to its lowest (in USD terms) ever.

Worst.Ever…

The Rest…HERE

This entry was posted on Monday, June 27th, 2016 at 12:34 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.