Sunday 19 July 2015

NBG - fixed - not fixed.................from Rico

The National Bank of Greece.
- Fixed, and NOT fixed.
 
Put a fork in it, it's done.
- And mark it to zero...........
 
It has been fascinating to 'watch' like a slow-motion train wreck.
- Years ago I used to own some ADR's in NBG, but dropped them just as soon as the Vampire Squid (Goldman Sachs) somehow got involved....that was a foreshadowing of equity-death, as Greece itself learned after Goldman helped them "cook" the books to improperly and illegally gain entry to the European Union.

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