When Vampires Donate Blood, You Know the System Is Dead
// LaRouchePAC Updates
When the vampires start to donate blood, you know the whole system is dead. In a last minute maneuver announced this evening, an emergency rescue for Monte dei Paschi di Siena Bank (MPS) has been arranged, involving a consortium of banks and pension funds buying some $10 bil euro of non- performing debt off the bank's books, at 30 cents on the dollar; and a capital infusion into MPS of some $5 billion. "Atlante" [sic] is the name for the new, rescuing entity, whose participants include Deutsche Bank—itself in need of rescue, Credit Suisse, Goldman Sachs and others. The Italian Treasury Department issued a ...