[A CA Guy]

The other half of this is I heard these banks paid 25% interest in order to draw funds into the bank to play with.

The Greek government isn't backing the 25% interest rate gains the depositors earned is what I also read elsewhere.

I don't know everything about this, but there is more to this it appears than just taking some savings by vote.

Seems they are getting back the interest and leaving the principle with the depositor. Yet again, if I got 25% interest I'd be pissed as well to see it taken back.

[silverleaf]

what you “heard” appears to be wrong

check the facts for yourself

http://cyprus.deposits.org/

http://europe.deposits.org/

whole lot of “blame the victim” going on and not much sympathy for seizing the deposit bank accounts of “the rich”

Time for “the rich” to get mad AND get even, imho