Bank illusions 2004-2009 – traps, cirs, options, indexations!

The years 2004-2009 abounded in banking transactions which only after years of tedious analysis and judicial decisions proved to be abusive and/or illegal. These transactions include polysolocts, structured instruments, options, cirs, traps, as well as loans indexed to abroad currencies utilizing a short selling mechanics characteristic of derivatives. In defence of the banks...