kurupetos wrote:^^The whole CF vs. Ms. Oracles...
Yeah, it's like a metaphor for "The EU vs Cyprus"
(Down to some work now ... )
kurupetos wrote:^^The whole CF vs. Ms. Oracles...
supporttheunderdog wrote:as indicated elsewhere there are reports that Christoffeearse agreed to the haircut for depositors and savers - which he of course denied, but then he denies that anything is his fault....
In the meantime from a peak of 0.86347 yesterday, with trading generally at the 0.862 range, at 0900 today the Euro fell to 0.85861 but has picked up to 0.86085
sven wrote:The Reason the President of Cyprus agreed to the sell-out, whoops i mean bail-out, is that he and his pals transferred his dosh out of the country to other banks other than the ones in Cyprus, and having asked yourself which banks he transferred his and his mates dosh too, you should also realise that they would have been the banks controlled by the Troika, the ECB and the IMF. Now having deduced that, you would also be able to deduce that if it became known, he was finished. And by the way having agreed to the sell-out, it is the very reason why he is now getting protection and will continue to get protection from exposure.
Now, not all of the deposits in Cyprus are in troubled banks. There is UBS, several Israeli banks, a number of French banks et al that are not troubled and still Europe wants to demand that the bank accounts in those relatively healthy banks have depositor's money taken out of them to pay for the woes of the government.
So banks that are not in trouble are being fleeced, I could at a stretch, too the point of twang, concede that to save a bank you take the depositors cash , still theft, or if you like embezzlement , but they are taking cash from banks that are not in trouble ie - outright THEFT. The ECB, IMF, Merkel and the Decision makers in the Cypriot Government are complicit in stealing from you.
[/quote]cyprusgrump wrote:My understanding is that they are ONLY taking funds from the two troubled banks now...
But who knows? This whole thing has been a chaotic farce and the banks are STILL not open....
supporttheunderdog wrote:and in the meantime the Euro is hovering at about 0.8569 mark,
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