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Other => Politics & Society => Topic started by: benjamindees on March 21, 2013, 06:18:52 PM



Title: FYI the Cyprus Banks aren't ever going to re-open
Post by: benjamindees on March 21, 2013, 06:18:52 PM
...and if they do, the haircut for depositors will be more than announced.

http://www.thesun.co.uk/sol/homepage/news/politics/4848766/Troops-betrayed-in-Cyprus-bank-grab-as-Russians-seize-2billion.html

Quote
it emerged that rich Russians withdrew £2billion BEFORE a tax raid on bank savings in Cyprus was announced.

The bank run started before they even announced their confiscations, LOL!


Title: Re: FYI the Cyprus Banks aren't ever going to re-open
Post by: myrkul on March 21, 2013, 06:25:37 PM
...and if they do, the haircut for depositors will be more than announced.

More like a shave, methinks.


Title: Re: FYI the Cyprus Banks aren't ever going to re-open
Post by: jwzguy on March 21, 2013, 06:32:04 PM
This is quite funny.