Precious Metals Forum

Go Back   Precious Metals Forum > Bunker Talk > STS

Reply
 
LinkBack Thread Tools
Old 06-07-2013, 04:37 PM   #1
Jay
Yellow Jacket
 
Join Date: Jun 2012
Posts: 1,511
Liked: 671 times
Cyprus bail-in here?

snip:
Currently on the table are two distinct proposals. The first is directed at institutional investors' ability to withdraw money during a time of financial crisis. The second proposal would grant fund boards that oversee money funds to impose significant exit fees on investors during time of financial stress.





http://www.americanthinker.com/blog/...and_cover.html
Jay is offline   Reply With Quote
Old 06-08-2013, 09:38 AM   #2
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,027
Liked: 2449 times
Yeah, I mentioned it here: http://www.pmbug.com/forum/f4/no-ban...html#post22306

Looks like "the Cyprus plan" won't be limited to FDIC insured deposit accounts. They will confiscate from MMFs too.
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
ISDA considering new CDS rules for bail-ins PMBug Fiat Ponzi 4 10-09-2014 06:33 PM
Move over, Cyprus. Slovenia is the new tiny country you should worry about PMBug Fiat Ponzi 3 05-01-2013 10:36 AM
Canada Includes Cyprus like Haircut/Default Bail-In Provision For Banks in 2013 Budget stockjockee Fiat Ponzi 2 03-28-2013 06:51 AM
Rickards: Who will bail out the Fed? PMBug Fiat Ponzi 5 11-23-2011 03:41 PM
Guess who is going to bail out Bank of America PMBug Fiat Ponzi 12 11-08-2011 08:48 AM


All times are GMT -5. The time now is 08:49 PM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.