Banks cautiously welcome EU plan to make investors pay for bailouts

[Cheryl Nelson]

http://www.reuters.com/article/2013/06/27/eu-banks-reax-idUSL5N0F31DZ20130627

To make depositors with a certain amount of money in a bank pay for the bank's failure makes them a co-owner of the bank, don't you think?  How is it certain depositors get the liabilities but none of the assets?  This law should, if people were smart, put banks out of business.  The point of depositing money with a bank is TO KEEP IT SAFE.  I still can't wrap my wits around the insanity of this... and people are still using them.

[Byron wilkins]

Guess who is next, yep the American sheeple.