Shave and a Haircut, Two Billion
There are haircuts, and then there are haircuts. Cyprus is the latter:
Russians are believed to have billions of euros in Cypriot accounts and deposits above 100,000 euros (£84,300; $128,200) in the two biggest banks could be reduced by as much as 60%.
That's up from 10%, then 25%, then 40%.
It's almost as if the rapacious appetite of the looters can't be satiated.
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URL to article: https://pjmedia.com/vodkapundit/2013/4/1/shave-and-a-haircut-two-billion