Russian funds in Cyprus banks are likely already gone.
Posted: Tue Mar 26, 2013 12:42 am
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Russian funds in Cyprus banks are likely already gone.
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Posted: Tue Mar 26, 2013 12:42 amRe: Russian funds in Cyprus banks are likely already gone.
Posted: Tue Mar 26, 2013 7:09 amvery interesting speculation...the repercussions could be significant if those drained banks result in a collapse of counterparty risk obligations
Re: Russian funds in Cyprus banks are likely already gone.
Posted: Tue Mar 26, 2013 11:19 amThis, if it has a kernel of actuality, gives rise to the question: was the week long posturing by the Cypriot politicians just a sham show to give time for it to happen?
Re: Russian funds in Cyprus banks are likely already gone.
Posted: Tue Mar 26, 2013 6:47 pmWhere did they move all that money to? I don't know, but I'll bet Goldman Sachs is going to have a very good quarter.