Savings account seizure plan draws fury in Cyprus

Mar 18, 2013 | Posted by: roboblogger | Full story: savannahnow.com

A plan to seize up to 10 percent of savings accounts in Cyprus to help pay for a 15.8 billion financial bailout was met with fury Monday, and the government shut down banks until later this week while lawmakers wrangled over how to keep the island nation from bankruptcy.

Comments
1 - 5 of 5 Comments Last updated Mar 19, 2013
monday

Toronto, Canada

|
Report Abuse
|
Judge it!
|
#2
Mar 18, 2013
 

Since: Feb 07

Location hidden

|
Report Abuse
|
Judge it!
|
#3
Mar 18, 2013
 
The American MSM is playing dumb, for fear of the Washington DC elites.
curmudgeon

Mountain Home, AR

|
Report Abuse
|
Judge it!
|
#5
Mar 19, 2013
 

Judged:

1

1

This plan was approved and endorsed by the International Monetery Fund. The IMF is headquartered in New York. dont think It couldnt happen in the USA.

Since: Feb 07

Location hidden

|
Report Abuse
|
Judge it!
|
#6
Mar 19, 2013
 
Washington is watching to see how the 'haircut' is received before the house to house confiscation begins.
10% of all deposits, gone, with a signature by the faceless manager, far away.

Since: Feb 07

Location hidden

|
Report Abuse
|
Judge it!
|
#7
Mar 19, 2013
 
Cyprus will be sleeping with a hand on their wallet.

Tell me when this thread is updated: (Registration is not required)

Add to my Tracker Send me an email

Type in your comments below
Name
(appears on your post)
Comments
Characters left: 4000

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

•••
•••