'Cypriot President Nicos Anastasiades bowed to demands by euro-area finance ministers to raise 5.8 billion euros ($7.5 billion) to help fund a bailout by taking a piece of EVERY bank account in Cyprus. '
The word bankers are not going to get your money through taxes or treasury bonds, nope, THEY ARE JUST GOING TO TAKE IT. This is the new world order.
Nervous depositors in Cyprus rushed to ATM machines on Saturday to drain their
... Lines formed at many ATMs as people scrambled to pull their money out ...
following in the footsteps of Ireland, Greece, Portugal and Spain.
Regarding Cyprus banking and money laundering, Cyprus is home to one of the biggest illegal Russian owned file sharing website, distributing digital media without paying royalties.
This is just one example of the corruption of Cyprus government.