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Who's Next? Italy's Monte Paschi Admits Billions In Deposit Outflows | Zero Hedge

Posted on March 31 2013 by Spectrevision Event-Horizon

Who's Next? Italy's Monte Paschi Admits Billions In Deposit Outflows | Zero Hedge

Who's Next? Italy's Monte Paschi Admits Billions In Deposit Outflows | Zero Hedge

www.zerohedge.com
It appears, given news from Italy today, that European depositors are increasingly coming to the realization that deposits in their local bank are not 'safe' places to put their spare cash, but are in fact loans to extremely leveraged businesses. In a somewhat wishy-washy, 'hide-the-truth'-like stat...

http://www.zerohedge.com/news/2013-03-30/whos-next-italys-monte-paschi-admits-billions-deposit-outflows

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