Post
Topic
Board Economics
Re: Russian depositors begin seizing property of Cypriot banks - LOL !
by
doobadoo
on 12/04/2013, 22:34:00 UTC
I hope the Russian courts stick it to the banksters!!

No, they'll stick it to the depositors who get less value for the their shares which were issued as compensation for the account haircut.

The banksters get to keep all their bonuses, assets and freedom, and early withdrawals they did in advance of the bankruptcy.