Bank of swindlers / day

30 years ago, _Banka Baltija_ Bubble had not yet explained, when the most informed persons began to seek the main part of the blame for the dream « Latvia – closer to Switzerland ».

Rooster grabs with reps – announced May 12, 1995 Daytime First page. Anita Smolenska (now Anita Brauna – Ed.) Listed to both views. « The government regrets that the crisis in the commercial banking system is indeed continuing, and does not take the responsibility of themselves that law enforcement authorities are not sufficiently investigating cases of specific crimes in banks, » said Prime Minister Maris Gailis. « However, the cause of the banking crisis is not that criminals are not criminals, but the fact that banking supervision is not properly carried out. » One of the causes of such a reaction was in an interview with the Swedish newspaper Uldis Claus of the Bank of Latvia Dagens industries It is said that the government and law enforcement agencies, without punishing bankers for criminal activities, are sanctioned by theft and fraud.

The Governor of the Bank of Latvia, Einars Repse, also started with his guilt: « I’m not happy with what I have done under the supervision of banks. Our banks are so irresponsible and unfair, in some cases, completely criminal that they were to apply civilized monitoring methods. » The crisis in the Latvian commercial bank system was still called « rather difficulty », saying he did not want to exacerbate the situation with the word « crisis »: