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Complete IDIOTS. If this goes thru, the rich will empty the banks of their money and leave the country. Cypress will collapse.

http://pjmedia.com/tatler/2013/03/23/cyprus-depositor-haircu...

"Cyprus said on Saturday it was looking at seizing a quarter of the value of big deposits at its largest bank as it races to raise the funds for a bailout from the European Union and avert financial collapse."
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More:

"They also gave the government powers to impose capital controls on banks, anticipating a flood of money from the island when banks are due to reopen on Tuesday after more than a week of lockdown.

The plan to nationalize semi-state pension funds has, however, met with resistance, particularly from Germany which made clear that tapping pensions could be even more painful for ordinary Cypriots than a deposit levy.
"

This is Obama's fantasy come true in Cypress.
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Complete IDIOTS. If this goes thru, the rich will empty the banks of their money and leave the country. Cypress will collapse.

http://pjmedia.com/tatler/2013/03/23/cyprus-depositor-haircu......

"Cyprus said on Saturday it was looking at seizing a quarter of the value of big deposits at its largest bank as it races to raise the funds for a bailout from the European Union and avert financial collapse."


Aw, poor, pitiful Russian oligarchs. No surprise, really, that you'd come down on their side.

Parliament was still deciding whether to vote on Saturday or Sunday, ahead of the Eurogroup meeting, on a crucial new proposal that would skim 22 to 25 percent of bank deposits above 100,000 euros through a new tax on Laiki Bank account holders.

Another idea floated was to take at least 10 percent from uninsured deposits above 100,000 euros at all Cypriot banks.


http://www.nytimes.com/2013/03/24/business/global/cyprus-mak...
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"Aw, poor, pitiful Russian oligarchs. No surprise, really, that you'd come down on their side.

"


http://boards.fool.com/like-i-said-youre-both-very-much-the-...


"First they came for the communists,
and I didn't speak out because I wasn't a communist.
Then they came for the socialists,
and I didn't speak out because I wasn't a socialist.
Then they came for the trade unionists,
and I didn't speak out because I wasn't a trade unionist.
Then they came for the Jews,
and I didn't speak out because I wasn't a Jew.
Then they came for the homosexuals,
and I didn't speak out because I wasn't a homosexual.

Then I found out my son was a homosexual.
Oops.
Can I have a "do over"?
"
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Cypress is a tree. Cyprus is a country.

Class dismissed.
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LOL Got anything else or is that it?
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"Cypress is a tree. Cyprus is a country."

Formerly known as Cuprius... the reason why copper is abbreviated CU on the periodic table. Much of the copper in the ancient world came from Cyprus.

V.
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Boy, Cyprus is just ASKING for Russia to attack them, aren't they? Much of that money is Russian Mafia money, and they will NOT lightly accept the loss of 25% of their ill-gotten gains. If Putin doesn't help them out, the Russian mob will send their hit men after whoever makes any decision to give them a haircut on their laundered money. Take that to the bank.
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the Russian mob will send their hit men after whoever makes any decision to give them a haircut on their laundered money. Take that to the bank.


Well here they are:

http://www.ecb.int/ecb/orga/decisions/eb/html/index.en.html

Get back to me when the Russian Mafia has the balls to go after them.
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