Msg. 13045 of 54959 (This msg. is a reply to
13042 by
joe-taylor)
Jump:
The regulators hit anyone with over 100,000 Euros
with a 40% bank levy,if you think the Russian
Billionaire's got hit maybe you are not aware
they were taking their money out last week
through the UK where their sub branches were
based......And i repeat the Head of ECB finances
said this is the New Banking Model!
As for the US/UK historic meeting.......gee
i can read the MSM press reports too....!
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!
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