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APR 03, 2013 - Zero Hedge

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A Line Of Demarcation Through The Eurozone Is Taking Shape

Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter Everyone learned a lesson from the “bail-in” of the Cypriot banks: Russian account holders who’d laundered and stored their money on the sunny island; bank bondholders who’d thought they’d always get bailed out; Cypriot politicians whose names showed up on lists of loans that had been extended by the Bank of Cyprus and Laiki Bank but were then forgiven and written off. Even brand-new Finance Minister Michael Sarris who got axed because he’d been chairman of Laiki ... Read More

Tags: A Line Of Demarcation Through The Eurozone Is Taking Shape,  Hollande Latest News