Tag Archives: Police State

The New Italian Financial Police State Good News for Visa and Mastercard?

In this report, Visa Inc. (NYSE:V) and MasterCard Incorporated (NYSE:MA).

Italy’s new Prime Minister Mario Monti has recently introduced a draconian financial police state measure that bans all cash transactions over €1,000 ($1,340). Italian’s are Eurozone’s biggest savers, partially because …

Posted in Conglomerates, Economy, Financial, Latest Headlines | Tagged , , , , , , , , , , , , | Comments Off