This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
ECB Coeure: Moving from Bail-Out to Bail-In Environment
By Wall Street Journal
BERLIN–Europe is currently moving from a bail-out environment to a bail-in environment when it comes to rescuing failing banks, a member of the European Central Bank’s executive board said Wednesday.
In designing a common bank resolution mechanism for Europe, European Central Bank policymaker Benoit Coeure said making shareholders and investors, rather than taxpayers, pay for the mistakes made by banks will lead to a fairer and sounder environment.
