- 4/17/13 04:40 pm
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Within the boundaries of EU law, the taxpayer bailed out the creditors of private banks. The central bank doesn't have taxpayers' interests at heart - only central banks can subsidise private bank activity which controls the supply of money into the economy as debt. You might see some action against some money laundering, but it is worth seeing how Parex worked very well with the EBRD (check out John Christmas on this one).