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November 26th, 2011 
FAKE NEWS for the Zionist agenda 
Henry Blodget
Business Insider
Friday, November 25, 2011
The balance sheets of European banks are piled high with legacy assets — mortgages, real-estate, and other loans–that are tying up precious capital and constricting the banks’ ability to make new, more productive loans.
At the same time, the banks’ traditional sources of funding–other banks and institutional investors–have begun drying up as the European crisis intensifies.
This leaves the banks desperately needing to raise cash to survive.
The first plan was to sell off the crap assets.
But according to Gareth Gore in the International Financing Review, this plan has failed, because buyers won’t pony up the prices the banks want them to pay.
(The banks want to sell their assets near “par”–the value the banks are carrying the assets for on their books–because then the banks won’t have to take losses that would further deplete their capital. The buyers, meanwhile, want deals, and they know that time is working in their favor.)
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One Response to “European Banks Frantically Trying To Dump $7 Trillion Of Crap Assets — But No One Will Buy Them”
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Haha. Nobody wants to continue to fund the nwo. How awesome is that!!!!
Your dreamworld is just about to end,,,