Update: Cypriot President's Family/Others Transferred $100s of Millions Before Deposits SeizedSubmitted by SteveMT on Sun, 03/31/2013 - 17:47
This is a good way to start a revolution.
List Released With 132 Names Who Pulled Cyprus Deposits Ahead Of "Confiscation Day"
With every passing day, it becomes clearer and clearer the Cyprus deposit confiscation "news" was the most unsurprising outcome for the nation's financial system and was known by virtually everyone on the ground days and weeks in advance...
Cyprus President's Family Transferred Tens Of Millions To London Days Before Deposit Haircuts
A day after former Cypriot President Vassilou was found to be among many elite Cypriot (politicians and businessmen) who had loans written-off by the major (now insolvent) banks; it appears the rot is far fouler than expected.
In a somewhat stunning (or purely coincidental) revelation, ENETEnglish reports that Cypriot newspaper Haravgi claims that current President Nicos Anastasiades' family businesses transferred 'dozens of millions' from their Laiki Bank accounts to London just a week before the devastating depositor haircuts were unleashed upon his people.