Friday, March 29, 2013

What Exactly Is Inside The Bank Of Cyprus?


Bank of Cyprus vs. Spanish and Italian banks.
Tom Keene earlier today with Bloomberg's single best chart examining assets and balance sheets at several European banks in relation to the Bank of Cyprus.  The conclusion -- unlike Cyprus, for Spain and Italy, there's enough debt to spare depositors in a future bank bail-in.

Father Of The Euro: "Italy Is Next After Cyprus"



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