CONSENT TO REPUDIATE COLLATERAL BONDS OF WEAK EU MEMBERS To: The Right Honourable European Central Bank President Dr. Mario Draghi  From: Athinarayanan Sanjeevraja Date: April 5, 2012  RE: Consent to repudiate collateral bonds of EU members whose credit rating descend below ECB standards.  Suggestion: Good Morning Mr. President. I wish to make comment to the ECB. Last week, you gave consent to the 17 national central banks in the euro system to repudiate collateral bonds backed by the government that have received a bailout from the EU and IMF whose credit rating descend below ECB standards. If I am not mistaken, Ireland, Greece and Portugal are received loans from the EU and IMF to keep their governments afloat. Deutsche Bundesbank and Oesterreichische National Bank are taking advantage of that freedom because of ECB decision to give EU central bankers freedom to repudiate collateral bonds of weak members. I anticipate that more central banks ...