VERY interesting article:
http://www.zerohedge.com/news/2013-03-2 ... ash-cyprus
Russian funds in Cyprus banks are likely already gone.
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Russian funds in Cyprus banks are likely already gone.
by Z00 » Tue Mar 26, 2013 12:42 am
“Politicians are like diapers; they need to be changed often and for the same reason.” ― Mark Twain
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- opening lines of 101 Things To Do 'Til The Revolution by Claire Wolfe
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- opening lines of 101 Things To Do 'Til The Revolution by Claire Wolfe
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Re: Russian funds in Cyprus banks are likely already gone.
by beauanderos » Tue Mar 26, 2013 7:09 am
very interesting speculation...the repercussions could be significant if those drained banks result in a collapse of counterparty risk obligations 
The Hand of God moves Worlds
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Re: Russian funds in Cyprus banks are likely already gone.
by Z00 » Tue Mar 26, 2013 11:19 am
This, 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?
“Politicians are like diapers; they need to be changed often and for the same reason.” ― Mark Twain
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- opening lines of 101 Things To Do 'Til The Revolution by Claire Wolfe
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- opening lines of 101 Things To Do 'Til The Revolution by Claire Wolfe
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Z00 - Penny Hoarding Member
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- Joined: Tue Aug 09, 2011 12:44 am
Re: Russian funds in Cyprus banks are likely already gone.
by SilverEye » Tue Mar 26, 2013 6:47 pm
Where 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.
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