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Cyprus banks may never open again

 
EyE Of The Sparrow

User ID: 9840520
United States
03/20/2013 03:45 PM

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Re: Cyprus banks may never open again
bumphf
"I am the Nobody,unseen by all,one with No Body"
[The scouts path is a double edge sword]
Anonymous Coward
User ID: 777204
United States
03/20/2013 03:47 PM
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Re: Cyprus banks may never open again
At this afternoon’s FOMC Press Conference in response to a question posed as to whether the Fed would ever impose depositor haircuts as was attempted this week in Cyprus, Fed Chairman Ben Bernanke confirmed that Cyprus style depositor haircut wealth confiscation is possible here in the US if the Cyprus event or another event in Europe were to become contagious and the people lose confidence in the US dollar.
 Quoting: Anonymous Coward 13926736


wow
 Quoting: Ghetto Monk


Someone needs to bitch-slap Bernake to kingsom come.

Seriously.
Anonymous Coward
User ID: 36540283
Germany
03/20/2013 03:48 PM
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Re: Cyprus banks may never open again
But it would be quite appropriate if Germany gets something for the money, other than the same old "it wont happen again".
 Quoting: Anonymous Coward 33724411


Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Yeah LOL they say that like they do it for free.
 Quoting: Anonymous Coward 35805099


Interest, sure...

Countries that are already broke will magically find the money to pay off even more debt and also the interest on it, huh?

hmm....
Anonymous Coward
User ID: 34765812
United Kingdom
03/20/2013 03:48 PM
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Re: Cyprus banks may never open again
Lol Germany..100 yrs and still repeating the same tactics.
 Quoting: Anonymous Coward 1330824


If so, what should one think of all the other countries who keep falling for the same trick?
 Quoting: Anonymous Coward 36540283


are you being obtuse?

its not the countries, its the govts in collusion and/or desperation for what they thought was easy money and an easy ride up there with the big boys of europe. the eu accepted anyone and everypne, despite fixing the finances to gain entry, to brussel's knowledge

the whole project was a lie from the start. when people voted (something i have never had the opportunity to do) for the common market, the full truth of where it would lead. lisbon treaty? this treaty, that treaty?

people voted NO, but that was the wrong answer. brussels asked them again, until they gave the correct answer

its all about expansion, empire
 Quoting: Anonymous Coward 34765812


You´re mixing things up.

If one says "Germany does this, Germany does that", then the same applies to the other countries.

As well, when you say that people didn´t want the euro or the EU, the same is true in Germany.
 Quoting: Anonymous Coward 36540283


its about the people in charge! crikey, how many more times?


can we PLEASE remove our personal selves and our fellow proles from this equation?

WE DONT HAVE A SAY

well, except when elections come around, and even then, whoever we vote in just carries on the same old shit
Anonymous Coward (OP)
User ID: 14524586
United States
03/20/2013 03:49 PM
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Re: Cyprus banks may never open again
You think closing the banks for a week is to protect the citizens of Cyprus? Their money is already gone.
 Quoting: Anonymous Coward 14524586


There has been no suggestion ANYWHERE that the extended bank holiday is anything to do with protecting the citizens of Cyprus. Where do you get that from? It's because they need to agree a deal and work out capital controls before they reopen - otherwise those banks will be emptied in the blink of an eye.
 Quoting: Anonymous Coward 31968245


I would think preventing a bank run (the reason you stated was the purpose of the closing) would be considered a protection of the citizens of Cyprus. Go back to guessing what sex the royal baby is going to be.
 Quoting: Anonymous Coward 14524586


Harsh person you are, OP, aren't you?

I bet you that person is on Cyprus's and OUR side too.

Just disagrees about certain actions within the "happening."

BTW, I support most of what you say too.

Don't hit me, please. I am on most people's side here.

Calm down, dude.
 Quoting: Anonymous Coward 777204


The "anywhere" in caps was kinda condescending and not needed.
Anonymous Coward
User ID: 33724411
03/20/2013 03:50 PM
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Re: Cyprus banks may never open again
But it would be quite appropriate if Germany gets something for the money, other than the same old "it wont happen again".
 Quoting: Anonymous Coward 33724411


Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Yeah LOL they say that like they do it for free.
 Quoting: Anonymous Coward 35805099


Interest, sure...

Countries that are already broke will magically find the money to pay off even more debt and also the interest on it, huh?

hmm....
 Quoting: Anonymous Coward 36540283


Like I said, if its such a good deal for Germany to lend money to Greece and Cyprus, then why would noone else do it?

That right there shuts them up.
Anonymous Coward
User ID: 33724411
03/20/2013 03:52 PM
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Re: Cyprus banks may never open again
...


If so, what should one think of all the other countries who keep falling for the same trick?
 Quoting: Anonymous Coward 36540283


are you being obtuse?

its not the countries, its the govts in collusion and/or desperation for what they thought was easy money and an easy ride up there with the big boys of europe. the eu accepted anyone and everypne, despite fixing the finances to gain entry, to brussel's knowledge

the whole project was a lie from the start. when people voted (something i have never had the opportunity to do) for the common market, the full truth of where it would lead. lisbon treaty? this treaty, that treaty?

people voted NO, but that was the wrong answer. brussels asked them again, until they gave the correct answer

its all about expansion, empire
 Quoting: Anonymous Coward 34765812


You´re mixing things up.

If one says "Germany does this, Germany does that", then the same applies to the other countries.

As well, when you say that people didn´t want the euro or the EU, the same is true in Germany.
 Quoting: Anonymous Coward 36540283


its about the people in charge! crikey, how many more times?


can we PLEASE remove our personal selves and our fellow proles from this equation?

WE DONT HAVE A SAY

well, except when elections come around, and even then, whoever we vote in just carries on the same old shit
 Quoting: Anonymous Coward 34765812


By the way, thanks, for introducing such a "democratic" system after the war. s226
LT Prepper

User ID: 36491699
United States
03/20/2013 03:52 PM
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Re: Cyprus banks may never open again
Now its bolted down safes and guns and meat grinders to get rid of home invaders... No calls to the police at all.

This is the REAL new world order, unlike anything put on paper before.
 Quoting: Anonymous Coward 10363614


^^^^^^^THIS^^^^^^^

And it will come to pass in those days, that the stranger will be shot on sight from afar, and his remains shall be left in the open at the road side, torn by wild animals, as a warning to others not to stray into territory owned by those who mean to keep it...

For the remnant which is left shall guard everything they possess with great jealousy, and those who have not shall perish in great numbers, and all justice shall be fled afar off.
insertfunnyusername

User ID: 36542915
Greece
03/20/2013 03:52 PM
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Re: Cyprus banks may never open again
But it would be quite appropriate if Germany gets something for the money, other than the same old "it wont happen again".
 Quoting: Anonymous Coward 33724411


Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Riddle me this.

If lending money to greece and cyprus would be such a good deal, then why will noone else give them money?

Why don't you personally buy some greek or cypriotic debt?

So not all the "profits" go to us germans.
 Quoting: Anonymous Coward 33724411


Profits don't go to the average German, they all go to ECB and banks, you have to work this out with your govt and get a refund but your govt/press is too busy scapegoating other countries to distract you from where their profits really go. All the tards here playing the typical North-South blame-game seem to lack the brains to understand that they've found the perfect scheme to leech us both while dividing us at the same time for further future leeching.

FYI Russia had offered a loan to Greece too before the bailouts with EU were signed, but for obvious geopolitical and security reasons it was declined. Greece should had gone bankrupt long ago, all economists have said that, even Merkel's advisers said the same when the crisis started, so maybe you can riddle me why they're not doing what most think is the right thing to do? Probably there lies the answer for what you want me to riddle for you.

Last Edited by insertfunnyusername on 03/20/2013 03:55 PM
Anonymous Coward
User ID: 36555921
United States
03/20/2013 03:54 PM
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Re: Cyprus banks may never open again
...


There is one more factor that maybe the Euro bankers didn't consider. Some of the Russian money in those banks was deposited by Russian mafia kingpins.

The bankers better watch their backs. The Russian kingpins aren't likely to stand idly by as billions of dollars are taken from them.

Will anyone be surprised to learn some of these bankers are found murdered? Not me. Their hit men fly into a country, kill and fly out before anyone knows what happened.
 Quoting: Anonymous Coward 36555921


The russians have the choice of taking a hit or paying it all themselves.

These ridculous threats wont open the german taxpayer pocket.
 Quoting: Anonymous Coward 33724411


Let me be clear. I'm not threatening anyone. Hell, I'm an American just watching things unfold.

My understanding that the Russian money in Cyprian banks is that it is private money from private Russian citizens, some of whom are very likely organized crime figures.

They don't play by the same rules you might want to follow. They will kill the people they believe are responsible for taking their money. Whether it opens the pocketbooks of the German banks is besides the point.

They send a message in the clearest terms. It's half revenge and half a warning shot to anyone who might try to steal their ill-gotten money again.

Mark my words. This is a high risk game the bankers are playing if they think they can wipe out Russian mafia money and not pay a big price.
 Quoting: Anonymous Coward 36555921


You are overestimating the reach of russian thugs. At least to the extent that it will be considered in german political considerations.
 Quoting: Anonymous Coward 33724411


I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
Anonymous Coward
User ID: 35805099
Poland
03/20/2013 03:56 PM
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Re: Cyprus banks may never open again
But it would be quite appropriate if Germany gets something for the money, other than the same old "it wont happen again".
 Quoting: Anonymous Coward 33724411


Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Yeah LOL they say that like they do it for free.
 Quoting: Anonymous Coward 35805099


Interest, sure...

Countries that are already broke will magically find the money to pay off even more debt and also the interest on it, huh?

hmm....
 Quoting: Anonymous Coward 36540283


I see that too. It can take many, many years to repair broken economy and get enough profits to pay huge debts.

And if they wont have a cash...
Anonymous Coward
User ID: 33724411
03/20/2013 03:57 PM
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Re: Cyprus banks may never open again
...


The russians have the choice of taking a hit or paying it all themselves.

These ridculous threats wont open the german taxpayer pocket.
 Quoting: Anonymous Coward 33724411


Let me be clear. I'm not threatening anyone. Hell, I'm an American just watching things unfold.

My understanding that the Russian money in Cyprian banks is that it is private money from private Russian citizens, some of whom are very likely organized crime figures.

They don't play by the same rules you might want to follow. They will kill the people they believe are responsible for taking their money. Whether it opens the pocketbooks of the German banks is besides the point.

They send a message in the clearest terms. It's half revenge and half a warning shot to anyone who might try to steal their ill-gotten money again.

Mark my words. This is a high risk game the bankers are playing if they think they can wipe out Russian mafia money and not pay a big price.
 Quoting: Anonymous Coward 36555921


You are overestimating the reach of russian thugs. At least to the extent that it will be considered in german political considerations.
 Quoting: Anonymous Coward 33724411


I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
 Quoting: Anonymous Coward 36555921


You watch to many movies. Noone is threatened by russian thugs.
Anonymous Coward
User ID: 33724411
03/20/2013 03:59 PM
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Re: Cyprus banks may never open again
But it would be quite appropriate if Germany gets something for the money, other than the same old "it wont happen again".
 Quoting: Anonymous Coward 33724411


Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Riddle me this.

If lending money to greece and cyprus would be such a good deal, then why will noone else give them money?

Why don't you personally buy some greek or cypriotic debt?

So not all the "profits" go to us germans.
 Quoting: Anonymous Coward 33724411


Profits don't go to the average German, they all go to ECB and banks, you have to work this out with your govt and get a refund but your govt/press is too busy scapegoating other countries to distract you from where their profits really go. All the tards here playing the typical North-South blame-game seem to lack the brains to understand that they've found the perfect scheme to leech us both while dividing us at the same time for further future leeching.

FYI Russia had offered a loan to Greece too before the bailouts with EU were signed, but for obvious geopolitical and security reasons it was declined. Greece should had gone bankrupt long ago, all economists have said that, even Merkel's advisers said the same when the crisis started, so maybe you can riddle me why they're not doing what most think is the right thing to do? Probably there lies the answer for what you want me to riddle for you.
 Quoting: insertfunnyusername


There are no profits in lending money to broken countries.

Your assertion is ridiculous.
Anonymous Coward (OP)
User ID: 14524586
United States
03/20/2013 04:00 PM
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Re: Cyprus banks may never open again
Bilge Ebiri ‏@BilgeEbiri 3m

Watching this Greece/Cyprus/Russia stuff, I can only imagine that all of Turkey is ordering a giant bucket of popcorn as we speak.

popcorn
Anonymous Coward
User ID: 777204
United States
03/20/2013 04:01 PM
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Re: Cyprus banks may never open again
I DO wish CNBC would stop being sexual shills for the EU and point out to the "common rabble" the seriousness of what is happening.

Iw will not, of course, because they do not want the theoretical "bank runs" all over the place.

They themselves are playing into TPTB's hands.
Anonymous Coward
User ID: 777204
United States
03/20/2013 04:02 PM
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Re: Cyprus banks may never open again
...


Let me be clear. I'm not threatening anyone. Hell, I'm an American just watching things unfold.

My understanding that the Russian money in Cyprian banks is that it is private money from private Russian citizens, some of whom are very likely organized crime figures.

They don't play by the same rules you might want to follow. They will kill the people they believe are responsible for taking their money. Whether it opens the pocketbooks of the German banks is besides the point.

They send a message in the clearest terms. It's half revenge and half a warning shot to anyone who might try to steal their ill-gotten money again.

Mark my words. This is a high risk game the bankers are playing if they think they can wipe out Russian mafia money and not pay a big price.
 Quoting: Anonymous Coward 36555921


You are overestimating the reach of russian thugs. At least to the extent that it will be considered in german political considerations.
 Quoting: Anonymous Coward 33724411


I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
 Quoting: Anonymous Coward 36555921


You watch to many movies. Noone is threatened by russian thugs.
 Quoting: Anonymous Coward 33724411


And you do not know the reality of things.

When its MOB MONEY you are talking about, people die.
Anonymous Coward
User ID: 36540283
Germany
03/20/2013 04:03 PM
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Re: Cyprus banks may never open again
...


If so, what should one think of all the other countries who keep falling for the same trick?
 Quoting: Anonymous Coward 36540283


are you being obtuse?

its not the countries, its the govts in collusion and/or desperation for what they thought was easy money and an easy ride up there with the big boys of europe. the eu accepted anyone and everypne, despite fixing the finances to gain entry, to brussel's knowledge

the whole project was a lie from the start. when people voted (something i have never had the opportunity to do) for the common market, the full truth of where it would lead. lisbon treaty? this treaty, that treaty?

people voted NO, but that was the wrong answer. brussels asked them again, until they gave the correct answer

its all about expansion, empire
 Quoting: Anonymous Coward 34765812


You´re mixing things up.

If one says "Germany does this, Germany does that", then the same applies to the other countries.

As well, when you say that people didn´t want the euro or the EU, the same is true in Germany.
 Quoting: Anonymous Coward 36540283


its about the people in charge! crikey, how many more times?


can we PLEASE remove our personal selves and our fellow proles from this equation?

WE DONT HAVE A SAY

well, except when elections come around, and even then, whoever we vote in just carries on the same old shit
 Quoting: Anonymous Coward 34765812


It´s true, but only up to a point.

You can see "Alternative für Deutschland" and Beppe Grillo´s movement in Italy, for example. You can see protests in the street in Greece.

You can see money printing socialists like the French and austerity fans like the Germans. You can see Greece caving in and Cyprus refusing...

So, it´s not completely true that we´re on a set course. And it is not necessary to wait until one minute before Armageddon to look for alternatives--though that´s pretty much what we are doing.
Anonymous Coward
User ID: 33724411
03/20/2013 04:07 PM
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You are overestimating the reach of russian thugs. At least to the extent that it will be considered in german political considerations.
 Quoting: Anonymous Coward 33724411


I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
 Quoting: Anonymous Coward 36555921


You watch to many movies. Noone is threatened by russian thugs.
 Quoting: Anonymous Coward 33724411


And you do not know the reality of things.

When its MOB MONEY you are talking about, people die.
 Quoting: Anonymous Coward 777204


You think Schaeuble is afraid to die? That man is tough as nails. Russians thugs are sissies against him.
Anonymous Coward
User ID: 36540283
Germany
03/20/2013 04:08 PM
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Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Yeah LOL they say that like they do it for free.
 Quoting: Anonymous Coward 35805099


Interest, sure...

Countries that are already broke will magically find the money to pay off even more debt and also the interest on it, huh?

hmm....
 Quoting: Anonymous Coward 36540283


I see that too. It can take many, many years to repair broken economy and get enough profits to pay huge debts.

And if they wont have a cash...
 Quoting: Anonymous Coward 35805099


We´re actually destroying the economy in much of the continent.

So, the problem is just getting worse. There will be very unpleasant consequences.
Anonymous Coward
User ID: 36540283
Germany
03/20/2013 04:08 PM
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Re: Cyprus banks may never open again
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I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
 Quoting: Anonymous Coward 36555921


You watch to many movies. Noone is threatened by russian thugs.
 Quoting: Anonymous Coward 33724411


And you do not know the reality of things.

When its MOB MONEY you are talking about, people die.
 Quoting: Anonymous Coward 777204


You think Schaeuble is afraid to die? That man is tough as nails. Russians thugs are sissies against him.
 Quoting: Anonymous Coward 33724411



I´d say the MPs in Cyprus did think twice before crossing the Russians--for many reasons.
Anonymous Coward
User ID: 36555921
United States
03/20/2013 04:08 PM
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Re: Cyprus banks may never open again
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Let me be clear. I'm not threatening anyone. Hell, I'm an American just watching things unfold.

My understanding that the Russian money in Cyprian banks is that it is private money from private Russian citizens, some of whom are very likely organized crime figures.

They don't play by the same rules you might want to follow. They will kill the people they believe are responsible for taking their money. Whether it opens the pocketbooks of the German banks is besides the point.

They send a message in the clearest terms. It's half revenge and half a warning shot to anyone who might try to steal their ill-gotten money again.

Mark my words. This is a high risk game the bankers are playing if they think they can wipe out Russian mafia money and not pay a big price.
 Quoting: Anonymous Coward 36555921


You are overestimating the reach of russian thugs. At least to the extent that it will be considered in german political considerations.
 Quoting: Anonymous Coward 33724411


I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
 Quoting: Anonymous Coward 36555921


You watch to many movies. Noone is threatened by russian thugs.
 Quoting: Anonymous Coward 33724411


You are naive. I don't watch too many movies these days and have rarely watched a mafia movie in my entire life. I saw one Godfather movie, but none of the other popular movies of that era.

Russian hit men don't threaten. According to my source on this sort of thing (his wife's family was mafia), he says professional hits are often done by Russian hit men.

You might recall a couple of high profile hits in recent years. In one case the man was contaminated with a high level of radioactive material. His body became grotesque in its appearance. The victim made public appearances in an attempt to shame the Russian government.

It had no impact on the Russian government. They were behind it.

Putin would stand 100% behind the 'dons' if they decide to start killing a few people. He is thoroughly outraged and pissed by this theft.

IOW, the Germans would get zero cooperation from the Russian government in trying to find the killers.
Anonymous Coward
User ID: 36146552
United States
03/20/2013 04:09 PM
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Re: Cyprus banks may never open again
find the assets of the Bank of Cypress and exactly what property is collateralizing its loans and you will understand why they are tanking the banks in greece, cyprus and soon to be elsewhere in the EU.

the gobble up phase has clearly begun and the truth is really hidden behind illusory terms such as bailouts and deposit seizures....its pure and simple asset and collateral confiscation.

if you controlled a bank...how would you like to take the bank that holds a loan collateralized by the oil and gas rights in the Agean Sea or somewhere...you get the bank, dont have to loan the money...and just wait for one small default to accelerate the loan and take the assets....then sell them to your buddies corporations for 10 cents on the dollar and have a stake in your buddies corporation..its a game played at the highest level that many will never understand.
Anonymous Coward
User ID: 8598974
Iceland
03/20/2013 04:09 PM
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Re: Cyprus banks may never open again
If they follow the example of Iceland set in 2008 they would in one single day create new banking entities, move all private assets to the new bank and leave the old bank with the debts. The new bank overtakes all personal and business finance, the process is seamless. The old banks hold debts without much value. For example all cards works without a hitch.


However,this is not without loss to the private customer due to the power of creditor banks, mostly foreign multinational banks.
Anyway it beats the absurd idea of having private savers pay for the wrecklessness of the banks and politicians that lended the money in the first place.
Anonymous Coward
User ID: 36555921
United States
03/20/2013 04:12 PM
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Re: Cyprus banks may never open again
...


I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
 Quoting: Anonymous Coward 36555921


You watch to many movies. Noone is threatened by russian thugs.
 Quoting: Anonymous Coward 33724411


And you do not know the reality of things.

When its MOB MONEY you are talking about, people die.
 Quoting: Anonymous Coward 777204


You think Schaeuble is afraid to die? That man is tough as nails. Russians thugs are sissies against him.
 Quoting: Anonymous Coward 33724411


Whether he fears death or not isn't the point. The Hit men will complete their tasks. The list is probably already being made up as to who gets hit.
insertfunnyusername

User ID: 36542915
Greece
03/20/2013 04:13 PM
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Re: Cyprus banks may never open again
...


Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Riddle me this.

If lending money to greece and cyprus would be such a good deal, then why will noone else give them money?

Why don't you personally buy some greek or cypriotic debt?

So not all the "profits" go to us germans.
 Quoting: Anonymous Coward 33724411


Profits don't go to the average German, they all go to ECB and banks, you have to work this out with your govt and get a refund but your govt/press is too busy scapegoating other countries to distract you from where their profits really go. All the tards here playing the typical North-South blame-game seem to lack the brains to understand that they've found the perfect scheme to leech us both while dividing us at the same time for further future leeching.

FYI Russia had offered a loan to Greece too before the bailouts with EU were signed, but for obvious geopolitical and security reasons it was declined. Greece should had gone bankrupt long ago, all economists have said that, even Merkel's advisers said the same when the crisis started, so maybe you can riddle me why they're not doing what most think is the right thing to do? Probably there lies the answer for what you want me to riddle for you.
 Quoting: insertfunnyusername


There are no profits in lending money to broken countries.

Your assertion is ridiculous.
 Quoting: Anonymous Coward 33724411



Jan. 2011 Austrian finance minister stating that so far Austria has a profit of 19 millions on interests on the Greek bailouts, i believe they are more now off course, so probably your assertion is ridiculous. Instead of playing their game and blaming whole countries and tens of millions of people with crappy stereotypes, maybe you guys should have a chat with your own politicians too and demand some of these money back, just saying.

[link to translate.google.gr]
Anonymous Coward
User ID: 33724411
03/20/2013 04:14 PM
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Re: Cyprus banks may never open again
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You are overestimating the reach of russian thugs. At least to the extent that it will be considered in german political considerations.
 Quoting: Anonymous Coward 33724411


I never said the hits would stop the present theft. I'm saying the Russian "dons" will seek retribution, and they won't simply be asking for repayment.

It's like the goons who come to collect on a mafia loan from a debtor who hasn't paid up. He get's his legs broken. Does that mean the borrower is able to pay back the loan? No. But it does men he has broken legs.

The hitmen who knock off the bankers won't be making threats. They will just quietly do their job: Hit and Run. In. Hit. Out.

After a series of targeted hits, the EU bankers will probably take notice, and that could affect their future actions.

It's unlikely that the Russian crime leaders gets paid back. But what is almost certain is that there will be some bankers whose lives are in great danger as are their family members.
 Quoting: Anonymous Coward 36555921


You watch to many movies. Noone is threatened by russian thugs.
 Quoting: Anonymous Coward 33724411


You are naive. I don't watch too many movies these days and have rarely watched a mafia movie in my entire life. I saw one Godfather movie, but none of the other popular movies of that era.

Russian hit men don't threaten. According to my source on this sort of thing (his wife's family was mafia), he says professional hits are often done by Russian hit men.

You might recall a couple of high profile hits in recent years. In one case the man was contaminated with a high level of radioactive material. His body became grotesque in its appearance. The victim made public appearances in an attempt to shame the Russian government.

It had no impact on the Russian government. They were behind it.

Putin would stand 100% behind the 'dons' if they decide to start killing a few people. He is thoroughly outraged and pissed by this theft.

IOW, the Germans would get zero cooperation from the Russian government in trying to find the killers.
 Quoting: Anonymous Coward 36555921


If Putin is so outraged, that he would consider such a serious detoriation in the relationship towards Germany, then he should foot the bil.

The choice still stands for Russia, they take a hit or they pay it themselves. There is no reason at all, why Germany should pay for russian money.
Anonymous Coward
User ID: 29081478
Denmark
03/20/2013 04:14 PM
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Re: Cyprus banks may never open again
If they follow the example of Iceland set in 2008 they would in one single day create new banking entities, move all private assets to the new bank and leave the old bank with the debts. The new bank overtakes all personal and business finance, the process is seamless. The old banks hold debts without much value. For example all cards works without a hitch.


However,this is not without loss to the private customer due to the power of creditor banks, mostly foreign multinational banks.
Anyway it beats the absurd idea of having private savers pay for the wrecklessness of the banks and politicians that lended the money in the first place.
 Quoting: Anonymous Coward 8598974



How is your beautiful country doing? hf
Anonymous Coward
User ID: 36540283
Germany
03/20/2013 04:15 PM
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Re: Cyprus banks may never open again
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Lol, you're getting something man, it's called profit from interest, you guys describe it like you're giving free stuff or something, which is obviously not the case with loans.
 Quoting: insertfunnyusername


Riddle me this.

If lending money to greece and cyprus would be such a good deal, then why will noone else give them money?

Why don't you personally buy some greek or cypriotic debt?

So not all the "profits" go to us germans.
 Quoting: Anonymous Coward 33724411


Profits don't go to the average German, they all go to ECB and banks, you have to work this out with your govt and get a refund but your govt/press is too busy scapegoating other countries to distract you from where their profits really go. All the tards here playing the typical North-South blame-game seem to lack the brains to understand that they've found the perfect scheme to leech us both while dividing us at the same time for further future leeching.

FYI Russia had offered a loan to Greece too before the bailouts with EU were signed, but for obvious geopolitical and security reasons it was declined. Greece should had gone bankrupt long ago, all economists have said that, even Merkel's advisers said the same when the crisis started, so maybe you can riddle me why they're not doing what most think is the right thing to do? Probably there lies the answer for what you want me to riddle for you.
 Quoting: insertfunnyusername


There are no profits in lending money to broken countries. Your assertion is ridiculous.
 Quoting: Anonymous Coward 33724411


True. So the reason for doing it is not to profit... but something else.
Anonymous Coward
User ID: 29081478
Denmark
03/20/2013 04:16 PM
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Re: Cyprus banks may never open again
If they follow the example of Iceland set in 2008 they would in one single day create new banking entities, move all private assets to the new bank and leave the old bank with the debts. The new bank overtakes all personal and business finance, the process is seamless. The old banks hold debts without much value. For example all cards works without a hitch.


However,this is not without loss to the private customer due to the power of creditor banks, mostly foreign multinational banks.
Anyway it beats the absurd idea of having private savers pay for the wrecklessness of the banks and politicians that lended the money in the first place.
 Quoting: Anonymous Coward 8598974


How is your beautiful country doing after it kicked out the banksters?
Anonymous Coward
User ID: 33724411
03/20/2013 04:16 PM
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Re: Cyprus banks may never open again
...


Riddle me this.

If lending money to greece and cyprus would be such a good deal, then why will noone else give them money?

Why don't you personally buy some greek or cypriotic debt?

So not all the "profits" go to us germans.
 Quoting: Anonymous Coward 33724411


Profits don't go to the average German, they all go to ECB and banks, you have to work this out with your govt and get a refund but your govt/press is too busy scapegoating other countries to distract you from where their profits really go. All the tards here playing the typical North-South blame-game seem to lack the brains to understand that they've found the perfect scheme to leech us both while dividing us at the same time for further future leeching.

FYI Russia had offered a loan to Greece too before the bailouts with EU were signed, but for obvious geopolitical and security reasons it was declined. Greece should had gone bankrupt long ago, all economists have said that, even Merkel's advisers said the same when the crisis started, so maybe you can riddle me why they're not doing what most think is the right thing to do? Probably there lies the answer for what you want me to riddle for you.
 Quoting: insertfunnyusername


There are no profits in lending money to broken countries.

Your assertion is ridiculous.
 Quoting: Anonymous Coward 33724411



Jan. 2011 Austrian finance minister stating that so far Austria has a profit of 19 millions on interests on the Greek bailouts, i believe they are more now off course, so probably your assertion is ridiculous. Instead of playing their game and blaming whole countries and tens of millions of people with crappy stereotypes, maybe you guys should have a chat with your own politicians too and demand some of these money back, just saying.

[link to translate.google.gr]
 Quoting: insertfunnyusername


You want the truth?

The truth is that Germany already took a massive it in greek debt.

Why are you showing a source from January 2011? Becuase that shit is already 2 years old.

Here is a recent source. Germany lost 14 billion Euros.

[link to translate.google.com]

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