Discover and read the best of Twitter Threads about #bankmergers
Most recents (2)
Today's Twitter threads (a Twitter thread).
Inside: Poor people pay higher time tax; and more!
Archived at: pluralistic.net/2023/02/10/my-…
#Pluralistic 1/
Inside: Poor people pay higher time tax; and more!
Archived at: pluralistic.net/2023/02/10/my-…
#Pluralistic 1/
This week (Feb 13-17), I'll be in #Australia, touring my book #ChokepointCapitalism* with my co-author, @rgibli. We're doing a remote event for #NZ on Feb 13. Next are #Melbourne, #Sydney and #Canberra Tickets just released for Sydney!
chokepointcapitalism.com 2/
chokepointcapitalism.com 2/
Poor people pay higher time tax: The rich truly do get more hours in the day.
3/
3/
As I'd said a few days ago, we're looking at a real possibility of a "too-big-to-fail" bank going bust.
Today's #BankMerger by the Modi govt. proves that.
Public money is being used to fill the hole made by Anil Ambani, Nirav Modi & Mehun Choksi. (1/9)
Today's #BankMerger by the Modi govt. proves that.
Public money is being used to fill the hole made by Anil Ambani, Nirav Modi & Mehun Choksi. (1/9)
Merged banks include Syndicate Bank, PNB, Union Bank & Canara Bank.
Syndicate Bank is owed 1225 crores by Anil Ambani.
PNB has a hole of 11,200 crores due to the Nirav Modi fraud.
Union Bank & Canara Bank are part of a group that's owed 42,000 crores by Anil Ambani. (2/9)
Syndicate Bank is owed 1225 crores by Anil Ambani.
PNB has a hole of 11,200 crores due to the Nirav Modi fraud.
Union Bank & Canara Bank are part of a group that's owed 42,000 crores by Anil Ambani. (2/9)
By these #BankMergers, the Modi govt. is spreading out these toxic assets across the balance sheet of public banks.
India's 2nd largest public-sector bank created today is a carrier for some of the largest & most toxic NPAs on its balance sheet. (3/9)
India's 2nd largest public-sector bank created today is a carrier for some of the largest & most toxic NPAs on its balance sheet. (3/9)
