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Author Topic: FYI the Cyprus Banks aren't ever going to re-open  (Read 434 times)
benjamindees
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March 21, 2013, 06:18:52 PM
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...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

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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!

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myrkul
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March 21, 2013, 06:25:37 PM
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...and if they do, the haircut for depositors will be more than announced.

More like a shave, methinks.

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jwzguy
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March 21, 2013, 06:32:04 PM
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This is quite funny.
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