The Financial Times seems not to be deleting me.

KBC - not hollowing out, just quietly self-immolating
Posted by Gwen Robinson on Jul 27 10:27.
http://ftalphaville.ft.com/blog/2009/07/27/63826/kbc-not-hollowing-out-just-quietly-self-immolating/
SNIP
For now, anyway, the last word should go to Karl Lannoo, who heads the think tank Center for European Policy Studies in Brussels and told the NYT that the KBC saga “has the feel of a Magritte painting“. “This is Belgium’s third-largest bank,” he said of KBC, “and it has had three successive rounds of aid, and they still can’t target the problem.” UNSNIP

Comments

SNIP

1.    Ivo Cerckel Jul 28 14:01

Banksters have no principles. This is called fractional-reserve banking.
http://bphouse.com/honest_money/worthless-digital-liquidity-and-fractional-reserve-banking-are-fraudulent-%e2%80%93-let-the-system-collapse-now/

Banksters accept state aid.

State aid comes from taxation and the difference between tax and theft is that the thief does not come back periodically nor does the thief pretend to be stealing in the public interest.

As a thalidomide monster, I refuse state aid.
http://www.vrijspreker.nl/wp/2009/04/is-het-moreel-aanvaardbaar-om-belastingsgeld-te-aanvaarden/

Why do I have to die as a refugee (from … Belgium) in (cheap) South-East Asia and can banksters not be bankrupted?

Perhaps, both are related?

I know, thalidomide was created by the Nazis, said The Sunday Times, last February.
http://www.timesonline.co.uk/tol/life_and_style/health/article5683577.ece

Who invented irredeemable, at least unbacked, paper money and fractional reserve banking?

By the way, if banksters can commit the crime of fractional-reserve banking and create money out of thin air like the central banksters, how can they ever get into problems?

Ivo Cerckel
honestmoney@maktoob.com
http://twitter.com/ivocerckel/