WHITE PAPERSATTUALITA |
AREA PERSONALE
TAG
MENU
« Messaggio #7 | Messaggio #9 » |
Post N° 8Definition of a Sausage Bank; You deposit your savings and I will give you a small interest to make you believe that I keep this money for people who want to borrow. In reality if you want to borrow money I will charge you a higher interest,I use your money to buy other companies and speculate in the stock market. if you want to buy a house I borrow the money from the Central Bank a a lower interest then I agree with the other Banks that compose the EURIBOR to set a rate higher to lend each others money. We all make money by doing this as this rate is at least 1% superior to what I have received. In addition to this I prepare a Envelope, I put in it all the Mortgage policies that I have and as in the past I in agreement agreement with the valuation of the property increased this more than 100% of the property real value. I then sell this envelope to financial institutions according to the rating given to my Bank by the credit rating agencies which I previousely agreed with nice presents and succulent benefits. In accordance with the Rating given to me by Morgan Stanley, Standards and Poors I can sell this mortgage backed securities at very high price obtaining immediately liquidity to continue investing in the stock market and buy other companies. In addition and in order for the people who buy my securities to be safe I also contract an insurance and again depending on the rating given to my bank by the rating agencies I pay a small rate each each against the possible default of these certificates. If you think this is what I do you are mistaken please find below what I continue to do:
WHAT HAPPENS IF EVERYTHING GOES WRONG No problem, the governments must help me please remember I do not have any of my own money invested it belongs to savers and investment companies. This is a Sausage Bank, we make money without putting any money out.
|