Wednesday, June 12, 2013

Bail-In: Deposit Confiscation Coming To Japan Next

As Nikkei reports:

Japan's Financial Services Agency will enact new rules that will force failed bank losses on investors, if needed, via a mechanism known as a "bail-in."

http://www.zerohedge.com/news/2013-06-11/land-rising-bail-deposit-confiscation-coming-japan-next

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