Where has all the money gone? That is the question that desperately needs asking (and answering) now that the European Union has morphed into one humongous orgy of national bailouts.
In his 2013 documentary “The Secret Bank Bailout,” German investigative journalist Harald Schumann documents how the peoples of Ireland, Cyprus and Spain were not bailed out. The biggest recipients of the Irish bailout that saved Anglo-Irish Bank were British, French and German banks, including Union Investment Privatfonds, Rothschild et Compagnie Gestion, and Deutsche Bank.
German and French banks accounted for 50 out of the 80 bondholders. Without the clandestine bailouts these banks received, they would have almost certainly gone under.
I also recommend from the same filmmakers a more recent video entitled "The Trail of the Troika (HD 720p) | A must-see to understand the situation in Greece" that can be accessed here.