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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (50726)3/25/2013 11:30:06 AM
From: maceng2  Read Replies (1) of 71475
 
Yep, if you are looking for the Russian Oligarchs, they are typically not in Cypress.

Sources in the wealth management, advisory and banking industry in Nicosia say Russia depositors are typically smaller savers and entrepreneurs. Fiona Mullen, a British economist in Cyprus, said Russians she encounters tend to be buying 300,000-euro homes, not the palaces favoured by oligarchs in London.

Read more at http://www.nakedcapitalism.com/2013/03/why-does-no-one-speak-of-americas-oligarchs.html#qUzyvDlPoQOk83Ho.99
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