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Old 07-26-2015, 04:50 AM  
RummyBoy
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Join Date: Dec 2009
Posts: 2,157
Cyprus Style Bail-in Is Possible For Greece

Debt conundrum to keep Greek banks in months-long freeze - Yahoo Finance

Looks like the recent bail out was secured by essentially putting state assets up as collateral but in addition to that, Germany (according to Reuters) may be pushing for wiping out depositors or at least those with over 100k on deposit. Ouch...... it happened in Cyprus. If it happens in Greece, it could happen anywhere.

From above: "Others, including Germany, however, are lukewarm and could push for losses for large depositors with more than 100,000 euros on their accounts, or bondholders."
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