No 2 to Maybush Posted 28 July, 2011 Share Posted 28 July, 2011 Hot from zerohedge.com: We were pretty much speechless when we read this - it sure puts guarantees by Noyer, Trichet and all the other bureaumonkeys that the ECB does not accept just any collateral in perspective. From Presseurop.eu: "The most expensive footballer in history may now be used to guarantee the solvency of a Spanish bank. “Ronaldo in the bailout fund,” headlines Süddeutsche Zeitung. The daily reports that the Bankia group of savings banks, which financed Real Madrid’s acquisition of the Portuguese player, is now seeking to borrow funds from the European Central Bank. In response to the ECB’s demand for guarantees, Bankio are putting up… Ronaldo and the Brazilian Kaka, who also plays for the Madrid football club. In 2009, Real borrowed 76.5 million euros to pay transfer fees of 100 millions euros to Manchester United, and 60 million to Milan AC." Link to comment Share on other sites More sharing options...
Hatch Posted 28 July, 2011 Share Posted 28 July, 2011 this was an April Fools joke a few months back, can't remember the exact date. Link to comment Share on other sites More sharing options...
This Charming Man Posted 28 July, 2011 Share Posted 28 July, 2011 Could we not try the same thing with Hammond? Help raise some funds for Maynard then. Link to comment Share on other sites More sharing options...
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