But I certainly dream and as usual it only goes in one direction with the bankers, that is to say: not the one to your advantage ...
To crown it all, the journalist who asks (when nothing is done): "When is the State going to sell its shares?"
And pkoi the Belgian state should not profit from its investment?
As an example of "privatizing the gains, nationalizing the losses" I believe that Belgium has just done a lot ...
Be careful, I'm not saying that we had to let the biggest bank in Belgium go down (because of the dominio effect and incidentally because I'm there ...) but I would simply like this to serve as a lesson for those at fault ( blablabla), that there is not total impunity and, on the contrary, benefits forever the "same" ... when the State resells its shares ...
Let's watch the course of the action day ...
Fortis saved by the state to reassure savers "once and for all"
29/09/2008 07:50
An agreement would have finally been reached with the snatch this Sunday evening, and this, very late in the evening. The objective was to protect Fortis and its depositors from a real financial earthquake. It therefore took a whole weekend of negotiations and the consultation of Jean-Claude Trichet, President of the European Central Bank, to find a favorable solution to protect the assets of Belgian savers.
The solution which was finally adopted provided for the intervention of the Belgian, Luxembourg and Dutch authorities. The Belgian government injects 4,7 billion euros in Fortis Bank Belgium, the Luxembourg government 2,5 billion in Fortis Bank Luxembourg and the Netherlands 4 billion in Fortis Bank Nederland. Each time, the respective governments take a 49% stake in the Fortis bank located on their territory. It is therefore a form of nationalization because, even if the State is not the majority with 51% of the capital, it becomes the first shareholder of the bank. On the other hand, no one knows at the moment for how long it will remain in the capital of Fortis.
http://www.trends.be/fr/chronique-econo ... nants.html
ps: ditto for France if it should happen since the State has stood, according to Sarko, guarantor of any bankruptcy ... except that in France we already have experience with Lyonnais credit. Besides, if kk1 knows the subject it interests me: who had won who had lost at that time (I was a little young)?