Bankers laughing because they don't have to pay bail out back

[undergroundpanther]

BUSTED: Bankers Caught On Tape, Joking About Bailout, And How They'd Never Pay It Back
Julia La Roche Jun. 24, 2013, 10:27 AM 60,755 55


Bowe: "So we went down ... and we basically said. In Central, yeah. And I mean, to cut a long story short we sort of said. 'Look, what we need is seven billion euros...and we're going to give you and we're going to give you, what we're going to give you is our loan collateral so we're not giving you ECB, we're giving you the loan clause.

"We gave him a term sheet and we put a pro not facility together and we said that's what we need. And that kind of sobered up everybody pretty quickly, you know."

Fitzgerald: "Yeah."

Fitzgerald: "And is that €7 billion a term?"

Bowe: "This is €7 billion bridging."

Fitzgerald: "Yeah."

Bowe: "So ... so it is bridged until we can pay you back ... which is never." (Both laugh)

Then they joke how the regulators would need to change their underpants after hearing the terms of that deal.

Bowe: "So under the terms that say repayment, we say; 'No ...'" (laughter)



http://www.businessinsider.com/anglo-irish-bank-tapes-2013-6

fucking psychopath assholes!!!!!!!