http://www.silverdoctors.com/bail-in-of-western-banking-system-officially-begins-as-uks-co-operative-bank-to-bail-in-1-5bn-with-100-losses/
"Less than 3 months later, the bail-in of the western banking system has officially begun, as the UK’s Co-Operative Bank is seeking a £1.5bn bail-in recapitalization with junior bond holders and investors (including pension funds) facing a complete-100% wipe-out on £370m of permanent interest bearing shares (PIBS) issued by the Co-op."
read the full articles at the link......these bailins continue to haunt my sleep...ever since Canada wrote a bail in intotheir budget.