Comments on: Competitive guarantees http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/ European Opinion Mon, 13 Feb 2012 07:39:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: coc http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/comment-page-1/#comment-22345 coc Thu, 02 Oct 2008 11:43:15 +0000 http://fistfulofeuros.net/?p=3644#comment-22345 @Oliver: Of course not, don't be ridiculous. @Oliver:
Of course not, don’t be ridiculous.

]]> By: P O Neill http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/comment-page-1/#comment-22338 P O Neill Wed, 01 Oct 2008 13:31:28 +0000 http://fistfulofeuros.net/?p=3644#comment-22338 Today's WSJ (subs) -- <em>The market reaction to Ireland's move highlighted a danger of expensive state-led bank bailouts: Investors can lose confidence in governments as well as banks. The cost of insuring against a default on Ireland's sovereign debt more than doubled Tuesday, to €65,000 per €10 million in debt. At the same time, the cost of default insurance for Ireland's banks fell.</em> Today’s WSJ (subs) –

The market reaction to Ireland’s move highlighted a danger of expensive state-led bank bailouts: Investors can lose confidence in governments as well as banks. The cost of insuring against a default on Ireland’s sovereign debt more than doubled Tuesday, to €65,000 per €10 million in debt. At the same time, the cost of default insurance for Ireland’s banks fell.

]]> By: Oliver http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/comment-page-1/#comment-22335 Oliver Wed, 01 Oct 2008 12:18:50 +0000 http://fistfulofeuros.net/?p=3644#comment-22335 Can Ireland keep the promise if it comes to the worst? Can Ireland keep the promise if it comes to the worst?

]]> By: Doug http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/comment-page-1/#comment-22332 Doug Wed, 01 Oct 2008 08:35:42 +0000 http://fistfulofeuros.net/?p=3644#comment-22332 Not just the Commission, but the ECB should probably also have some oversight role here. But y'know, dramatic gesture first, work out the details later... Not just the Commission, but the ECB should probably also have some oversight role here. But y’know, dramatic gesture first, work out the details later…

]]> By: Huib Riethof http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/comment-page-1/#comment-22328 Huib Riethof Tue, 30 Sep 2008 20:47:26 +0000 http://fistfulofeuros.net/?p=3644#comment-22328 Sorry, I did not know that there are other postbanks than the German and the Dutch. I understood, that the Fortis interests outside the Benelux have been guaranteed (taken over 49%) by the Belgian Government, while the Dutch and the Luxemburgers limit themselves to the Fortis assets in their respective countries. (Source: De Tijd, Financial Daily, Brussels, yesterday). Sorry, I did not know that there are other postbanks than the German and the Dutch. I understood, that the Fortis interests outside the Benelux have been guaranteed (taken over 49%) by the Belgian Government, while the Dutch and the Luxemburgers limit themselves to the Fortis assets in their respective countries. (Source: De Tijd, Financial Daily, Brussels, yesterday).

]]> By: P O'Neill http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/comment-page-1/#comment-22327 P O'Neill Tue, 30 Sep 2008 19:19:40 +0000 http://fistfulofeuros.net/?p=3644#comment-22327 No, there's an <a href="https://www.postbank.ie/portal/Start.asp" rel="nofollow">Irish bank</a> with that same name that is a joint venture of the Irish post office and Fortis. Or at least the Fortis that existed a couple of days ago -- I don't know if this venture was rearranged in the Benelux bailout. No, there’s an Irish bank with that same name that is a joint venture of the Irish post office and Fortis. Or at least the Fortis that existed a couple of days ago — I don’t know if this venture was rearranged in the Benelux bailout.

]]> By: Huib Riethof, Brussels http://fistfulofeuros.net/afoe/economics-and-demography/competitive-guarantees/comment-page-1/#comment-22326 Huib Riethof, Brussels Tue, 30 Sep 2008 18:20:52 +0000 http://fistfulofeuros.net/?p=3644#comment-22326 Dutch Postbank: Entirely owned by ING (also Dutch), or did you mean the German Postbank? (No relation to Fortis) Dutch Postbank: Entirely owned by ING (also Dutch), or did you mean the German Postbank? (No relation to Fortis)

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