Originally Posted By: Hankster
(Reuters) - Cyprus's parliament has postponed until Monday an emergency session to vote on a levy on bank deposits after signs that lawmakers might block the surprise move agreed in Brussels to help fund a bailout and avert national bankruptcy.

http://www.reuters.com/article/2013/03/17/us-cyprus-parliament-idUSBRE92G03I20130317



Aside from the nonsense following Hank's post, I will add that the idea of the Government seizing ten percent of your current bank account is a sobering thought. Logistically it seems daunting- do they have bank account numbers? Is it just a percentage of a banks holdings? Was there a warrant demanding the bank deliver the info or were the details already known?

Obviously I have only read a few of the articles from web based news but it seems fascinating to me. Is this a history lesson? Should these people have seen it coming? Should WE see it coming?

I would love to see this thread get back to topic.
_________________________
In the legend of King Arthur, the Fisher King was a renowned angler whose errant ways caused him to be struck dumb in the presence of the sacred chalice. I am no great fisherman, and a steelhead is not the covenant of Christ, but with each of these fish I am rendered speechless.