Kas ir ar to citadeli, es nesaprotu, par ko ir jācepās? Par to, ka labi pelnoša valsts banka tiek pārdota par lētu naudu?
Tad sanāk, ka citi baņkieri, kuri arī varētu gribēt Citadeli nopirkt, ir tādi muļķi, ka to nesaprot?

(Reply to this) (Thread)

Imagine a state-owned commercial bank used for the public interest?
Go on!
No?
Neither could the European Commission.
Our administrative staff (Latvian State) informed that it had to be sold by the end of 2014
Citadele's assets = 2.56 billion - operating profit last year of 18.6 million
75% bought behind closed doors (no?) for 74 million
Latvian admin staff (politicians) on vacations that were "unfortunate episode that just lets political opponents exploit it in a speculative manner.”
utt utt

(Reply to this) (Parent) (Thread)

joprojām nevaru atšķirt miljonus no biljoniem...
un tava atbilde arī par sarežģītu.

(Reply to this) (Parent)

All this from the carved-up fruits of a private bank whose collapse caused loss of sovereign control (however savtiigs un vispaar dodgy) of economic matters - probably irreversibly (see SVF - see debt paid off w/issuance more debt (issues of treasury bonds) - see fiscal pact - see no lat-era devaluation during the crisis (for the banks) - see euro adoption (link more tenuous but still there - more along the lines of ah-well-we-can't-be-trusted meme amongst the IR-type lasitaajiem) and subsequent loss of all monetary policy.

Yeah: loss of control ALL monetary policy at democratic level.

Bet jaa- nothing to see here, of course: conspiracy nutcases in a nutshell.

(Reply to this) (Parent)

At least in media, btw, the statement is that Latvian state was informed by EC that the bank must be sold by the end of this year as part of the original lending package, I believe. Rather than the opposite.

(Reply to this) (Parent) (Thread)

that's what I meant -
"Our administrative staff (Latvian State) informed that it had to be sold by the end of 2014."
- here it is truncated passive ('was informed').
In the active voice, we need an object after 'inform' - e.g 'He informed us that...''

Though, when I post here, I have to admit I make some shocking typos sometimes :)

(Reply to this) (Parent)