– Now We ‘Know’ Greek Banks Are Really In Trouble (Zerohedge, Jan 28, 2015):
“When it gets serious, you have to lie,” were the infamous words of one J-C Juncker and today – following the 40-50% collapse in Greek Bank equity capital this week,ECB’s Bank Supervision boss Nouy has come out to calm everything down:
*NOUY SAYS GREEK BANKS ARE ‘PRETTY STRONG’, HAVE STRENGTHENED THEIR BALANCE SHEETS
*ECB’S NOUY SAYS GREEK BANKS WILL SURVIVE CURRENT CRISIS
Which, translated for the elites means, “sell-sell-sell.” And then – just to add even more pressure, S&P puts Greece on Watch Negative.