This spells it out pretty well:

1) http://endthelie.com/2013/03/17/the-controlled-demolition-of-cyprus/#axzz2ODTD1S9o

and the follow-up:

2) http://endthelie.com/2013/03/19/ensuring-bad-outcomes-what-cyprus-tells-us-about-the-world/#axzz2ODTD1S9o