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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (99431)3/20/2013 6:02:02 PM
From: TobagoJack  Read Replies (2) | Respond to of 217561
 
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:




To: 2MAR$ who wrote (99431)3/21/2013 10:47:22 AM
From: TobagoJack  Read Replies (1) | Respond to of 217561
 
Looks calm zerohedge.com

As and when and if the banks open next Tuesday we may see more expressions of calm

And if so, we may conclude that most in Cyprus do not have much on deposit for whatever reasons
(they just do not have much, or moved funds earlier)

Or

People can be lulled into delusional false calm

Let us watch n brief

Cheers, tj