Posted on 03/17/2013 8:51:27 PM PDT by alexmark
The Dominos Are Falling: Europe Announces Stunning Bailout For Cyprus Bank Depositors To Get Instant 10% Haircut Before Banks Reopen This Week! Biggest Bank Run In History Starts Monday!!
Europe Does It Again: Cyprus Depositor Haircut Bailout Turns Into Saver Panic, Frozen Assets, Bank Runs, Broken ATMs
http://www.zerohedge.com/news/2013-03-16/europe-does-it-again-cyprus-depositor-haircut-bailout-turns-saver-panic-bank-runs-br
Cyprus bailout comes at a cost to bank depositors
http://www.marketwatch.com/story/cyprus-bailout-comes-at-a-cost-to-bank-depositors-2013-03-16?link=MW_home_latest_news
CYPRUS PRESIDENT: Nation Faces Total Financial Collapse And Euro Exit Without Bailout
In the early hours of Saturday, Cyprus agreed to a bailout with the EU and IMF that is very controversial because it imposes an immediate one-time tax on everyone with money in a Cypriot bank before banks reopen on Tuesday (Monday is a holiday).
(Excerpt) Read more at investmentwatchblog.com ...
Most people would be oblivious, but they'll know who got voted off of American Idol.
Staying tuned. Please keep us posted.
One time my ass. They will be back.
Mark
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