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Old 06-07-2013, 05:37 PM   #1
Yellow Jacket
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Cyprus bail-in here?

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.
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Old 06-08-2013, 10:38 AM   #2
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Yeah, I mentioned it here:

Looks like "the Cyprus plan" won't be limited to FDIC insured deposit accounts. They will confiscate from MMFs too.
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