Replies to Msg. #800636
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 Msg. #  Subject Posted by    Board    Date   
13045 Re: Coming to YOU soon!
   The regulators hit anyone with over 100,000 Euros with a 40% bank lev...
faul   ALEA   26 Mar 2013
8:53 PM
13043 Re: Coming to YOU soon!
   hi j-t, i'm none too keen on the bail-out. but if you are going to...
Cactus Flower   ALEA   26 Mar 2013
5:30 PM

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Re: Coming to YOU soon!

By: joe-taylor in ALEA
Tue, 26 Mar 13 5:04 PM
Msg. 13042 of 54959
(This msg. is a reply to 13041 by faul)
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The way that we understand this bailout agreement, the regulators are going after the extremely large depositors, many of them Russian, who have turned Cyprus's banking system into their own personal play pen. Small depositors are supposedly paying little to nothing!

It would appear that this U.S.British meeting is more on how to cooperate amid defense budget cuts than anything else! http://www.defensenews.com/article/20130323/DEFREG02/303230007/U-S-U-K-Chiefs-Hold-Historic-Strategy-Meeting


Regards,

Joe


To say that "God exists" is the greatest understatement ever made across space and time.