Bondholders Show Their True Nature

national | anti-capitalism | other press

Saturday October 02, 2010 19:35

by V for vendetta

Bondholders threaten Ireland with deliberate financial terrorism

A very interesting story appeared in the telegraph yesterday showing how financial terrorists are holding us all to ransom. It showed exactly what sort of people these bondholders we are all bailing out are.

A very interesting story appeared in the telegraph yesterday showing how financial terrorists are holding us all to ransom. It showed exactly what sort of people these bondholders we are all bailing out are.

Whilst investors were on a call with the Minister for Finance, Brian Lenihen, there was a technical hitch and instead of it being a one way address, it became a two way call. The investors proceeded to demonstrate the contempt they hold us in by making ape noises and threatening to short sell shares in Anglo which might have the effect of crashing share value altogether. They also threatened to take Ireland to court over haircuts made on Anglo loans and threatened to force a default of Anglo. These are the people over whom we and our children will be in austerity for the next ten years to pay back for their financial gambling. I say stop this madness and suspend the bailout of these people before the money makes its way out of the country never to be seen again and let these hedge funds and the blackmailing financial parasites running them live with their bad investments.

It's well worth reading this article to get a glimpse what is going on between these small number of sacred bondholders and our political representatives behind closed doors.

Full article here:
http://www.telegraph.co.uk/finance/newsbysector/banksan....html