BoomBustBlog Hard Hitting, Bleeding Edge Research Results In 2nd High Level Ouster/Resignation In The UK & Euroland

For the past two months I have been releasing heretofore unseen documentation, proof-backed allegations and logical assertions throwing light on what I view to be gross misrepresentations, attempts at financial reporting prestidigitation and what I consider to be outright fraud in the Irish and UK banking system. BoomBustBlog has been the only source of such information and except for a few outliers, the MSM has literally refused to run stories on this. 

Alas, even though mainstream editors, producers and reporters are trying to ignore what the BoomBust has done, massive shock waves have shaken loose those at the very top of the power structure. Unfortunately, much of what is going down is beyond the ken of the hoi polloi due to the taboo nature of the most important message that I convey. 

Remember what happened when I initially dropped the Irish bomb on the unsuspecting Irish public? The head of the Irish Central Bank Regulatory Authority unexpectantly resigned…

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So, what happens when you bring the Fiery Sword of Economic Truth to the UK and Ireland???

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Here’s another surprise to all BoomBustBloggers. After my multiple expose’s on RBS…

1. I Illustrate How The Irish Banking Cancer Spreads To The UK Taxpayer And Metastasizes Through US Markets!
2. Who is RBS? Royal BS… or the Royal Bank of Scotland
3. Taxation Without Representation: UK Taxpayers Schooled on What US Students Are Taught In 3rd Grade

Reuters reports: RBS shares slump after shock ousting of CEO Hester

Royal Bank of Scotlandshares fell seven percent on Thursday after the surprise ousting of CEO Stephen Hester left investors questioning who would steer the part-nationalized bank through to an eventual privatization.

Isn’t just one helluva coincidence that as I uncover dirt and grime, we get these “unexpected” and “unforeseen” ousters and resignations day and weeks afterward. If I didn’t know better, I’d think someone busted these guys doing something naughty… Nahh! Couldn’t be!

I know more than a couple of UK taxpayers who’d much not rather pay Irish bad debts. I decided to rub a little salt in the UK wound by throwing some arithmetic illumination on the situation via an embedded Irish bad bank tax calculator…

The app below allows the UK Taxpayer to calculate for themselves exactly what their individual contribution (pro rata) is to the government bailout of RBS.

I’ve taken the liberty of pre-populating the input fields for you, but if you don’t agree with the numbers then by all means insert your own!

Then there’s still that Cyprus’d thingy… 

While the inclusion of large savers in future bank bailouts is now widely accepted, significant differences still remain between member states.

While the new rules governing bank resolution were first intended to come into place in 2018, since the Cypriot bailout there have been calls from senior EU figures such as European Central Bank president Mario Draghi and EU economics affairs commissioner Olli Rehn to introduce the new regime as early as 2015.

The Irish presidency of the European Council is hoping to reach a common position by the end of next month.

The little app below calculates what return you should expect to receive to take on the risk of a potential 40% haircut. The second tab offers what recent Cyprus bank rates were. Do you see a disparity???

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_{Other hard hitting pieces on the resurgent EU banking crisis}

• If I Provide Proof That The Entire Irish Banking System Is A Sham, Does It Set Up A Much Needed System Reboot? Let’s Go For It…

• Is The Cypriot Government Crazy Or Do They Really Fear Bankers That Much?
• Mainstream Media Says Cyprus Salvaged By…
• Economic Depression Is The New Success
• The Canadian Government Offers “Bail-In”…
• EU Bank Depositors: Your Mattress Is Starting To Look Awfully Attractive – Bank Risk, Reward & Compensation
• Global Banking Crisis – How & Why YOU Will Get “Cyprus’d” As This Bank Scrambled For Capital!!!
• As If On Cue, BoomBustBlog Shenanigan Research Gets Real In Ireland, Why Aren’t These Guys Knocking On My Door?
• Are You About To Get Cyprus’d in Ireland? When A Single Word’s Worth Billions Of Euros…
• Dear Ireland (& AIB), Haven’t We All Learned The Problem Is Insolvency, Not Liquidity?
• Oh No! Is It Possible? A 3rd Irish Bank With Hidden Charges Not Revealed In Its Annual Reports?
• Ireland, You May Very Well Be Bust & I Make No Apologies For What I’m About To Show You
• The Next Leg Of That Counterparty Led European Bank Run Has Put On It’s Running Shoe
• I Illustrate How The Irish Banking Cancer Spreads to UK Taxpayer & Metastizes Through US Markets
• Allegations Of Big Irish Banks Operating…
• Readers Respond With Evidence That AIB (…
• What Should The US Do If One Of The Biggest Banks In Ireland Blatantly Defrauded US Investors?