They were told the banks would be open the following Tues, so folks were waiting for.
Come Tuesday, no banks open but ATMs were allowing small withdrawals of 400.00
then withdrawals were dropped to 100.00 as the week wore on.

When the banks DO open, they will have the controls that I wrote about here:
http://www.democraticunderground.com/10022558471

NutmegYankee

(16,201 posts)

22. Wow, that other post is frightening.

Reply to dixiegrrrrl (Reply #21)

Sun Mar 24, 2013, 08:33 PM

Mar 2013

Those people have basically had their savings stolen from them.

dixiegrrrrl

(60,010 posts)

23. Well, here in good ole USA, people in hedge funds had their savings stolen from them.

Reply to NutmegYankee (Reply #22)

Sun Mar 24, 2013, 09:02 PM

Mar 2013

That is what MF Global was all about....1.2 or 1.6 billion bucks jsut..disappeared, of investor's money, and the head of the fund,
John Corazine, walks around to this day.

Of course, as long as Bernanke keeps savings rates invisibly low, you could say we are getting our savings stolen also.
Between no interest and hidden inflation, we are losing billions in purchasing power.

Now Cyprus has just shown the world that gov't, via the banks no longer have to keep their "contract" with depositors.

no safe haven for any money.

dkf

(37,305 posts)

19. There's an alert on Bloomberg...Cyrpus and troika reach an agreement in principle.

Reply to dixiegrrrrl (Reply #2)

Sun Mar 24, 2013, 08:10 PM

Mar 2013

Who knows if that solves anything.

WinkyDink

(51,311 posts)

3. Did the Brussels jackals think the Cypriots would stand for outright thievery?

Reply to dixiegrrrrl (Original post)

Sun Mar 24, 2013, 07:33 PM

Mar 2013

malaise

(269,157 posts)

4. The people of the world are fed up

Reply to WinkyDink (Reply #3)

Sun Mar 24, 2013, 07:37 PM

Mar 2013

of being raped and robbed by the 1% - I don't support this approach but something has to give

redqueen

(115,103 posts)

6. +1

Reply to malaise (Reply #4)

Sun Mar 24, 2013, 07:39 PM

Mar 2013

malaise

(269,157 posts)

8. I'm stealing that

Reply to redqueen (Reply #6)

Sun Mar 24, 2013, 07:40 PM

Mar 2013

Freaking perfect

dixiegrrrrl

(60,010 posts)

13. THAT pic ought to be an OP in itself.

Reply to redqueen (Reply #6)

Sun Mar 24, 2013, 07:56 PM

Mar 2013

and billboards
and any other flat surface where it will be seen over and over and over...

redqueen

(115,103 posts)

14. Done.

Reply to dixiegrrrrl (Reply #13)

Sun Mar 24, 2013, 07:59 PM

Mar 2013

It has the url for the facebook group that first published it, so feel free to add it to your pictures, and just state "from facebook.com/weregettingrobbed"

Or like their page and share it from their feed.

NutmegYankee

(16,201 posts)

17. +1

Reply to dixiegrrrrl (Reply #13)

Sun Mar 24, 2013, 08:03 PM

Mar 2013

Demo_Chris

(6,234 posts)

18. Perfection.

Reply to redqueen (Reply #6)

Sun Mar 24, 2013, 08:05 PM

Mar 2013

kentuck

(111,110 posts)

5. I guess we will need to bail them out ?

Reply to dixiegrrrrl (Original post)

Sun Mar 24, 2013, 07:38 PM

Mar 2013

Soon as we find out some big political contributors have money in those banks in Cyprus.

OKNancy

(41,832 posts)

7. a small branch bank - not THE bank

Reply to dixiegrrrrl (Original post)

Sun Mar 24, 2013, 07:40 PM

Mar 2013

Curmudgeoness

(18,219 posts)

9. This is unfortunate, but predictable.

Reply to dixiegrrrrl (Original post)

Sun Mar 24, 2013, 07:41 PM

Mar 2013

How could anyone expect this to go smoothly??? This is a really bad idea that will set a precedent that should make us all nervous.

cliffordu

(30,994 posts)

10. I have a friend who is a Russian translator and has

Reply to dixiegrrrrl (Original post)

Sun Mar 24, 2013, 07:45 PM

Mar 2013

been a member of the Russian/Ukrainian community for 30 years.

The Russian mob (including Putin) keeps loads of thier money in Cypriot banks...And the bankers just tried to give depositors a 10 or 15 % "haircut" on their deposits.

Expect to see a lot more of this activity (and maybe a few burning bankers) real soon.

All them Italian/Irish/Jewish mobsters??

They got NOTHING on the Ruskies.

Just ask that fucker in England.

My friend sez to stay out of Cyprus for a while.

OKNancy

(41,832 posts)

12. check this out

Reply to cliffordu (Reply #10)

Sun Mar 24, 2013, 07:50 PM

Mar 2013

just posted in LBN - http://www.democraticunderground.com/1014433993

dixiegrrrrl

(60,010 posts)

15. You serious?

Reply to cliffordu (Reply #10)

Sun Mar 24, 2013, 08:01 PM

Mar 2013

I have read words to that effect all over the web this last week.
did not know how seriously to take it.

Wonder if it is any tie-in with the death of the Boris Berezovsky?????

RT has a good interview about him..
http://rt.com/op-edge/berezovsky-death-tycoon-wealth-758/

cliffordu

(30,994 posts)

20. My friend has very deep ties all along the way

Reply to dixiegrrrrl (Reply #15)

Sun Mar 24, 2013, 08:24 PM

Mar 2013

Newsjock

(11,733 posts)

11. Guardian: 'Not a major explosion'

Reply to dixiegrrrrl (Original post)

Sun Mar 24, 2013, 07:50 PM

Mar 2013

http://www.guardian.co.uk/business/2013/mar/24/eurozone-crisis-cyprus-bailout-eurogroup-meeting

11.08pm GMT
Over in Cyprus, there are reports of a small explosion causing a fire at a Bank of Cyprus branch tonight.

Cypriot TV Station Sigma has some details here, and contacts in Cyprus reckon it's true (and not a major explosion either)

According to Sigma's report, an "improvised explosive device exploded at a branch of Bank of Cyprus in Polemidia", creating a small fire at the branch.

No reports of any injuries.

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