Grazie Interessante Lo leggo con Calma
Il comune di Linz nel 2006 fà lo stesso Swap e ci guadagna e chiude l'operazione
Nel 2007 la riapre,e per sua sfiga i Chf è sui Massimi
La colpa è di Bawag?
A me pare che i comuni dovrebbero fare i comuni non i finanzieri a leva.
Cosi a prima vista
Mais tu che hai un Inglese più approfondito che ne pensi?
BAWAG PSK has allegations of Linz sees a return decision and action is under control
In view of the Austrian banking secrecy - one of the world's most stringent banking regulations - it BAWAG PSK is not possible in principle, on the bank to give details about specific transactions or agreements in this context information. Through media coverage - not least by voice vote mandataries senior political - but it is no secret that the BAWAG PSK to the city of Linz has a client relationship.
BAWAG PSK hereby expressly disclaims all allegations that have been spread medially by the city of Linz, back in the strongest terms. The business relationship between BAWAG PSK to the city of Linz are properly documented and built on both sides tested and legally valid contracts. A foreign currency transaction (swap in February 2007) was tested both internally and from bank two Austrian law firms, which confirmed the BAWAG PSK is a strong legal position in relation to the allegations levied by the city of Linz. Against this background, the BAWAG PSK, an action brought by the city of Linz with equanimity.
BAWAG PSK attaches great importance to the fact that she is a partner of the city of Linz complied at all times and their full and necessary legislative commitments. The city of Linz has proven to understand both the mechanisms and the risk of this business, it is informed and thus taking the risks.
Like the city of Linz is running for herself, she has them at a favorable time for a comparable transaction, namely the first swap in 2006, dissolved at a profit. In contrast to this initial transaction, decided the city of Linz, the second transaction (February 2007) to dissolve at any time.
BAWAG PSK reserves in relation to today's press release from the city of Linz and the false allegations raised in it all the legal steps.