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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: 2MAR$ who wrote (99431)3/20/2013 6:02:02 PM
From: TobagoJack  Read Replies (2) of 217576
 
another script milestone should soon fall

From: B
Sent: Wednesday, March 20, 2013 11:28 PM
Subject: Re: Interesting Retirement Data

Retirement in Cyprus (this AM), some proposals:

reuters.com

<snip>

Lawmaker Marios Mavrides told Reuters one option under discussion was to nationalize pensions funds of semi-government corporations, which hold between 2 billion and 3 billion euros.

An opposition politician present at Wednesday's crisis talks said: "The idea is we can get the pension funds of organizations like the Cyprus Telecoms Organisation and the Electricity Authority, maybe some others as well, and raise two to three billion euros. If we raise half of the money then maybe we could top up to the 5.8 billion euro amount by passing the Cypriot banks into Russian hands."

Courtesy, Armstrong:

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