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dkf

(37,305 posts)

5. They were located in Cyprus.

Reply to EC (Reply #3)

Mon Apr 1, 2013, 01:15 PM

Apr 2013

Cyprus just decimated their moderately profitable small businesses. What's the purpose of staying there now?

So the Cyprus workers will be let go and the business owner is leaving.

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"My bank account's got robbed by European Commission. Over 700k is lost." [View all] dkf Apr 2013 OP

It's not austerity. It's thievery librechik Apr 2013 #1

Best of wishes in finding a more secure tax shelter for the future. n/t bluedigger Apr 2013 #2

Maybe a regular bank EC Apr 2013 #3

They were located in Cyprus. dkf Apr 2013 #5

Why was the money in Cyprus in the first place? geek tragedy Apr 2013 #4

They were working there. dkf Apr 2013 #8

An IT firm that decides to base itself in Cyprus and then geek tragedy Apr 2013 #9

They are probably going to bank where they are located. dkf Apr 2013 #11

So, why is the next alternative going to be the Caribbean? geek tragedy Apr 2013 #12

Wow. A tax evader whining about "theft." Pab Sungenis Apr 2013 #6

Ding ding ding alcibiades_mystery Apr 2013 #16

That's what happens when a bank fails muriel_volestrangler Apr 2013 #7

The Govt is starting to take it seriously. dkf Apr 2013 #10

Yes - it's not a serious exchange medium yet muriel_volestrangler Apr 2013 #17

Don't know a thing about Bitcoin, but I do know about small businesses mainer Apr 2013 #13

Sorry BillyRibs Apr 2013 #14

WTF? Depositors are responsible for the bank's behavior? Comrade Grumpy Apr 2013 #19

A certain amount was supposed to be insured, not all JPZenger Apr 2013 #15

Can I assume that the world's bankers are made whole by this? MannyGoldstein Apr 2013 #18