YanksCash Payments - Cyprus Situation
 

Due to the situation in Cyprus our payments will be 5 minutes late this period. Sorry, I am going to watch the news on Cyprus before I sign the checks from our U.S. bank. :thumbsup

bravo bravo

Hahaha!!!

lmao :1orglaugh :1orglaugh :1orglaugh :thumbsup

I knew it was a joke!

lolz, good one

NICOSIA -- Cyprus said on Saturday it was looking at seizing a quarter of the value of big deposits at its largest bank as it races to raise the funds for a bailout from the European Union and to avert financial collapse.
Finance Minister Michael Sarris said "significant progress" had been made in talks in Nicosia with officials from the European Union, European Central Bank and International Monetary Fund.
He confirmed discussions were centered on a possible levy of around 25 percent on holdings of over 100,000 euros (about $130,000) at Bank of Cyprus, and expressed hope that a package could be ready by the end of the day for approval by parliament.

http://worldnews.nbcnews.com/_news/2...e?ocid=twitter

man, 25% is huge.

$ in motion. ;-p

Todd, no offense, but i thought i read you quit a while back? Did that never happen?
Say hi to Billie for me;-)

Not as huge as the panic will become with Spain, Greece and others all starting a massive run on the banks out of fear that the 'Cyprus method' will soon be coming to their home towns.

Monetary policy at its worst.

Thanks for the belly laugh. Cheers

Brad

Glad to help anyway I can. :thumbsup

Spain's already had a bank bail out and is sorting out it´s bad bank debts, the investors are getting shafted, as it should be.

Italy though.... they don't trust the banks anyway and after this they´ll be no accounts with more than 100k left.