Well, the Cypriot government went through with the haircut.

They have kept the banks closed so clients can't access their money (except
for a small  ATM withdrawal).

The haircut is supposed to be 40% for those with over 100K Euros in the
bank.

I can see some dead Cypriot legislators in the near future since the
Russian mob is  probably very protective of its money.

J

-

Ninety percent of politicians give the other ten percent a bad reputation.
- Henry Kissinger

Politicians are people who, when they see light at the end of the tunnel,
go out and buy some more tunnel. - John Quinton


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