Bankers Advance on Cyprus, Testing New Boom Bust Strategy - Deposit Rape

First read this @nytimes NONSENSE "A Bank Levy in Cyprus, and Why Not to Worry - http://nyti.ms/YoIKBa

Then see what non-corporate sponsored media is saying:

·         Cyprus Finance Minister Resigns, President Refuses To Accept Resignation | Zero Hedge http://bit.ly/11eRyA4

·         Former Cyprus Central Bank Head Slams 'Blackmailing' European Leaders | Zero Hedge  http://bit.ly/YoJaaH

·         From Smoldering Ashes of Cyprus Comes Good News of Reality For Europe | Mish http://bit.ly/YoJPZH

·         Cyprus Contagion Spreading: Greek Bonds Plunge Most Since Bailout | Zero Hedge http://bit.ly/YoKdHE

Meanwhile back home:

·         US Deposits In Perspective: $25B In Insurance, $9,283B In Deposits; $297,514B In Derivatives | Zero Hedge http://bit.ly/YoK5YQ

·         Obama is Worse than Bush | Global Research http://bit.ly/11f3eCR