RE: Italian Government BUYING OUT BANKS: COLLAPSE IMMINENT?

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Italian Government BUYING OUT BANKS: COLLAPSE IMMINENT?

in news •  7 years ago 

Monte dei Paschi is also the oldest bank on the planet. It would be pretty momentus if it crashed.

Great post, followed.

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7 years ago by

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      ·  7 years ago 

    Thanks for the compliment and follow!

    Lehman Brothers was operational since 1850 and functioned for 158 years before its collapse in 2008, which still serves as a textbook example of a seemingly timeless institution failing. Monte dei Paschi collapsing would definitely send both financial and physiological shock waves throughout the world..

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