Topic: | Re:Re:Re:Re:Re:Re:Re:Safety of Post Office/Bank of Ireland savings | |
Posted by: | Malcolm Peltu | |
Date/Time: | 18/11/10 11:04:00 |
Wouldn't major banks going bust in any European country - with the associated horrors of people's lost money - start a domino collapse elsewhere? This 'too big to fail' syndrome is why banks get away with what they do, but it is understandable why no government and no electorate can afford the pain that would result before any bitter medicine began to work. |