The Best Cyprus Community

Skip to content


bank deposits

Feel free to talk about anything that you want.

Re: bank deposits

Postby Cap » Mon Mar 25, 2013 9:26 am

The guy a week in office is kicked in the nuts unexpectedly, what do you expect, he is bound to double up even with cypriot balls.


:lol:

Aint no lie.
User avatar
Cap
Main Contributor
Main Contributor
 
Posts: 7276
Joined: Mon Jun 18, 2007 12:55 pm
Location: Cypriot Empire

Re: bank deposits

Postby GreekIslandGirl » Mon Mar 25, 2013 11:49 am

There will be a lot of people around Europe today shuffling their money into as many different banks as possible to keep only the guaranteed amount in each. :P
User avatar
GreekIslandGirl
Main Contributor
Main Contributor
 
Posts: 9083
Joined: Sat Oct 15, 2011 1:03 am

Re: bank deposits

Postby Get Real! » Mon Mar 25, 2013 12:07 pm

Now that Cyprus will settle into what I believe to be a non viable loan repayment plan, Laiki customers who have been ruined will want blood so let’s see if this government is prepared to make some arrests and penalize those responsible because if not I foresee civil unrest.
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 48333
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: bank deposits

Postby Tim Drayton » Mon Mar 25, 2013 12:23 pm

CBBB wrote:
B25 wrote:
Get Real! wrote:
CBBB wrote:According to CyBC TV, Anastasiades asked LeGarde if she wanted him to resign!

Doesn't sound as if it is going well.

He’s starting to make Christofias look good... :lol:


Rubbish, it was shistofkias that got us into this mess in the first place. The guy a week in office is kicked in the nuts unexpectedly, what do you expect, he is bound to double up even with cypriot balls.

After discussing 17Bn for the last year, on the last day they say we'll give to 10 find the rest yourselves. What shit is that! They have an agenda for us, they have done a Papadopoulos on us we just need to be more crafty and find a way around this. Cyprus for ever, and those that don't like it can get the fuck out. And especially the MFs cypriots/brits/any other fucker who boasts that their money is elsewhere whilst enjoying the Cypriot Living. And I don't give 2 shits if you bought a property or not. These people should be forced to repatriate that money or lose what they have here. Gmt.


Bugger!!! I agree with B25!

How will I live it down?


Of course he is right. And this comes from somebody who was delighted when Christofias was elected. How will I live that down?
User avatar
Tim Drayton
Main Contributor
Main Contributor
 
Posts: 8799
Joined: Sat Jul 21, 2007 1:32 am
Location: Limassol/Lemesos

Re: bank deposits

Postby tsukoui » Mon Mar 25, 2013 12:33 pm

Tim Drayton wrote:Of course he is right. And this comes from somebody who was delighted when Christofias was elected. How will I live that down?


Tim, can you expand on why you were delighted that Christofias was elected?

Personally, I think blaming everything on him is just lazy.
tsukoui
Regular Contributor
Regular Contributor
 
Posts: 1063
Joined: Thu Sep 30, 2010 9:10 pm

Re: bank deposits

Postby Get Real! » Mon Mar 25, 2013 12:49 pm

Anastasiades, is a first class idiot and if his return to Cyprus announcing the plundering of bank deposits didn’t convince you I’m sure you’ll change your minds once it surfaces that he moved his funds to Greek branches just prior to his announcement! :lol:
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 48333
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: bank deposits

Postby Nikitas » Mon Mar 25, 2013 12:58 pm

Classic advice from cheap financial self help books published in the USA half a century ago: do not keep more then 9,999 dollars in any single account. The reason? To avail oneself of the Federal deposit guarantee. Cypriots thought that their banks are unassailable so they kept their money mostly in one account. In finance everything goes.

Tim says he rejoiced when Christofias was elected. The man had no idea of power. He negotiated ass backwards leaving the most important part of a settlement, the territory and properties issue, last focusing on "governance" and power sharing. He could not understand the essence of the Cyprus problem, which is a fairly simple concept. How could he understand international finance!
Nikitas
Main Contributor
Main Contributor
 
Posts: 7420
Joined: Thu Aug 09, 2007 2:49 pm

Re: bank deposits

Postby Tim Drayton » Mon Mar 25, 2013 1:19 pm

Nikitas wrote:Classic advice from cheap financial self help books published in the USA half a century ago: do not keep more then 9,999 dollars in any single account. The reason? To avail oneself of the Federal deposit guarantee. Cypriots thought that their banks are unassailable so they kept their money mostly in one account. In finance everything goes.

Tim says he rejoiced when Christofias was elected. The man had no idea of power. He negotiated ass backwards leaving the most important part of a settlement, the territory and properties issue, last focusing on "governance" and power sharing. He could not understand the essence of the Cyprus problem, which is a fairly simple concept. How could he understand international finance!


If only he had stepped down - or been pressured into doing so - following the Mari explosion, things would be very different today, alas.
User avatar
Tim Drayton
Main Contributor
Main Contributor
 
Posts: 8799
Joined: Sat Jul 21, 2007 1:32 am
Location: Limassol/Lemesos

Re: bank deposits

Postby kurupetos » Mon Mar 25, 2013 1:42 pm

I didn't have enough money to get a haircut; now, I'll have to visit the barber... :lol:
User avatar
kurupetos
Leading Contributor
Leading Contributor
 
Posts: 18855
Joined: Tue Jul 31, 2007 7:46 pm
Location: Cyprus

Re: bank deposits

Postby Tim Drayton » Mon Mar 25, 2013 3:37 pm

tsukoui wrote:
Tim Drayton wrote:Of course he is right. And this comes from somebody who was delighted when Christofias was elected. How will I live that down?


Tim, can you expand on why you were delighted that Christofias was elected?

Personally, I think blaming everything on him is just lazy.


I was delighted chiefly because I thought he could reunite Cyprus. I also hoped for the kind of sound economic management that existed under George Vassiliou, who was loosely affiliated to AKEL, if not a member.

Instead, we witnessed disaster. I lost faith in Christofias the day after the Mari explosion when he didn't do the honourable thing and resign. How can the president of the country just say, "I didn't know." We saw exactly the same thing with the banking disaster. Everybody knew about two years ago that the two main banks had gone bankrupt and the state lacked the resources to recapitalise them. What happened under the Christofias regime? Just as they turned the other way and pretended not to see containers full of dynamite buckling in the sun next to the island's main power station, they also turned the other way and carried on as though the problem did not exist. The point is that if they had gone to the Troika earlier, Cyprus would have got a better deal, perhaps one that would not have destroyed it as a banking centre.

Anyway, it is all water under the bridge and we need to look to the future.,
User avatar
Tim Drayton
Main Contributor
Main Contributor
 
Posts: 8799
Joined: Sat Jul 21, 2007 1:32 am
Location: Limassol/Lemesos

PreviousNext

Return to General Chat

Who is online

Users browsing this forum: No registered users and 1 guest