Tag Archives: Been Swindled By A UK Bank? – How To Buy The Bank For £1

John Ward – Been Swindled By A UK Bank? – How To Buy The Bank For £1 – 23 October 2012

Following the ‘sale’ of Credit Agricole’s Big Fat failing Greek bank last week, I was sorely tempted to walk into our local CTN, and ask for twenty Emporikis and a Daily Mirror. The bank was, as most people now know but couldn’t care less, sold for one euro. So either Eurozone deflation has become suddenly catastrophic, or the bank was worthless, right? Except that neither of those is true: and that means there are going to be some fantastic opportunities for those of a Max Byalistock frame of mind in the coming months. Continue reading