Tuesday, June 18, 2013

BAIL IN BAIL OUT YOU LOSE OUT


BAIL IN BAIL OUT YOU LOSE OUT


Please find below a link to a recent Financial TV interview between myself and Monica Gibson of Dukascopy TV, discussing:

How bail outs, theft from taxpayers,  are being replaced by the recent Cyprus "bail in" mechanism, otherwise known as theft from  depositors. We  examine the likelihood of similar practices being applied elsewhere in the Eurozone and beyond, and how banks and politicians are working quasi clandestinely to put in place enabling legislation to make the bail in  mechanism  a template for the future.

Please see the youtube link below:

http://www.youtube.com/watch?v=g7DWr20KiB0&list=UUdWfm3zOoZUrf5X4TLd4CPA&index=8


Dukascopy Bank SA offers direct access to the Swiss Foreign Exchange Marketplace. This marketplace provides the largest pool of ECN spot Forex liquidity available for banks, hedge funds, other institutions and investors.

The Swiss Forex Marketplace (SWFX) is the technological solution for Forex trading utilizing a centralized-decentralized marketplace model. Its successful launch is the result of home-made IT solutions and close cooperation with selected banks and other financial institutions.

I am very grateful to John Hancock that he took part in this debate, and pleased that thanks to Dukascopy TV, my message is reaching an ever wider audience.

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