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Senior Advisor

What was yours is now ours

Can this come to a bank here? The future of our 401Ks and IRAs?



In a radical departure from previous aid packages, euro zone finance ministers want Cyprus savers to forfeit up to 9.9 percent of their deposits in return for a 10 billion euro ($13 billion) bailout to the island, which has been financially crippled by its exposure to neighboring Greece.

The decision, announced on Saturday morning, stunned Cypriots and caused a run on cashpoints, most of which were depleted within hours. Electronic transfers were stopped

2 Replies
Honored Advisor

Re: What was yours is now ours


Senior Contributor

Re: shh!!! dont tell the demorats

they already tax the dead and obalmo dont need no new ideas on how to steal from america