--- In FairfieldLife@yahoogroups.com, merudanda <no_reply@...> wrote: > > BANK CLOSED IN CYPRUS! Government to seize 10 percent of all savings & > deposits!
Let them eat cake. > http://www.bloomberg.com/news/2013-03-17/europe-braces-for-renewed-turmo\ > il-as-cyprus-deposit-levy-at-risk.html > <http://www.bloomberg.com/news/2013-03-17/europe-braces-for-renewed-turm\ > oil-as-cyprus-deposit-levy-at-risk.html> > All banks will this weekend have electronic transfer frozen while a > bailout is brought in and then on Tuesday, 19 March, ten percent of all > savings will be taken from every depositor and transferred to central > planners and banksters who take on all this risk and when it backfires, > don't want to take a haircut. > > The most plausible explanation is that the Cypriot government "ask for a > contribution of all deposit holders,"is not to wipe out non-resident > depositors and jeopardise its long-term prospects as an offshore > financial centre for Russian and other money . Depositors have come > through the financial crisis largely unscathed. Now they have been > bailed in, see strong social indignation and the beginning of something > along the lines of the 1930s >
