April 01, 2013 at 15:27 PM EDT
US And UK Have Their Own Cyprus Bank Plan
Cyprus delivered bad news to a lot of good folks who thought their money was safe in banks. Don’t think it can’t happen here, in the U.S. of A. It can, and it probably will. The U.S. and U.K. have jointly developed a resolution plan for insolvent banks. The good news is that the plan [...] View the full post at: US And UK Have Their Own Cyprus Bank Plan Related posts: Cape Fear Bank Becomes Bank Failure #22 of 2009 Regulators Shut Down Colorado’s New Frontier Bank Geithner’s Plan: It’s Not Transparent and It’s Still a Bailout
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