I depends on Russia. Most of the money in the larger accounts in the two failing banks is Russian. This funding is in Cyprus because the tax rate is less than that in Russia. If Putin decides to punish the oligarchs who are involved, the deal will go through. If he decides to stand up for them, things could get dicey.Jeff
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra