Why this on this SLI forum? It is to further forewarn SLI shareholders and other readers of what is actually happening in the world, that the mainstrean media is not showing you. The mainstream media is keeping these things from you BECAUSE the greeds influence of the media, does not want to present you with the actual situation, as to not start panic, that will assist many fairer resets to come on line, more quickly. We cannot have the new, as long as these old systems are still holding the populace in its clutches.

I have seen written, that this Austrian bank closure, erases 15-20% of Germany's capital. This is very significant and is truly indicative of the downward spiral that is causing implosion of the greeds creations. Everything is connected, the dominoes are falling, I suggest for everyone to monitor the situation, especially if you have savings/investments.

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And then, once the impairment wave of the latest European insolvency shocker is done with Austria - a wave which nobody expected at all, and it thus a legitimate Black Swan - it will flow over into Germany. From Bloomberg:

German banks yesterday also emerged as major Heta bondholders. Dexia’s Dexia Kommunalbank Deutschland AG said it owns 395 million euros of Heta bonds and will take an unspecified charge in the first quarter. Deutsche Pfandbriefbank AG also owns 395 million euros of Heta bonds and said it will write them down by 120 million euros, cutting its expected pretax profit by two-thirds.

NRW Bank confirmed it owned Heta bonds, declining to specify the size of its exposure. WDR TV station reported the bank owns 276 million euros of them.

Irony #2, and the biggest one of all: while German banks had spent the past 3 years preparing for the inevitable Grexit and offloading all their exposure to the now insolvent Greek state, it was a waterfall chain of events which started in Germany's own "back yard", courtesy of auditors who decided it was unnecessary to mark losses to market until it was far too late, and the immediate outcome is that one ninth of until recently Aaa/AAA-rated Austria is now also insolvent. And that is just the beginning.

One can only imagine how many such other "0% risk-weighted" Pandora boxes lie in wait across what are otherwise considered Europe's safest banks, provinces and nations. "

http://www.zerohedge.com/news/2015-03-08/black-swan-lands-southern-austria-ripple-effects-mini-greece-going-heartland-europe