TSX:LSG.DB - Post by User
Comment by
rallardon Mar 14, 2014 1:34pm
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Post# 22324513
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Two imminent options we are facing now.
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Two imminent options we are facing now.
Here is the "conspiracy theory" printed for rock .2
The Government proposes to implement a bail-in regime for systemically important banks. This regime will be designed to ensure that, in the unlikely event that a systemically important bank depletes its capital, the bank can be recapitalized and returned to viability through the very rapid conversion of certain bank liabilities into regulatory capital. This will reduce risks for taxpayers. The Government will consult stakeholders on how best to implement a bail-in regime in Canada. Implementation timelines will allow for a smooth transition for affected institutions, investors and other market participants.
that underlined part refers to your deposits and negotiables that you think are yours.
the consultations are done and the frame work has been implemented but the plan has not yet been advanced into the public domain. Hmmm I wonder if you will every see it before it is implemented...
holding the certificate may be in your best interest but hey that's just my opinion. just another one of my "conspiracy theories"