Cyprus’ big depositors warned to get out before deposit confiscation

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The middle class, always the last to know.

Think your bank deposits will always be 100% guaranteed by the FDIC? Think again.

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The US, UK and NZ have contingency plans to possibly institute Cyprus-style bank deposit confiscation.

EU bailout for Cyprus will punish citizens, take 10% of their savings

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After the EU bailout announcement, why would anyone leave cash in an EU bank ever again?
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