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The rich bank depositors in Cyprus got pretty, pretty wiped out when they bailed-in the banks after the banking system collapsed. Lots of them were Russian olig
by nocoiner 1y ago
The rich bank depositors in Cyprus got pretty, pretty wiped out when they bailed-in the banks after the banking system collapsed. Lots of them were Russian oligarchs stashing funds abroad, so my sympathy for them is extremely extremely limited.
- mgh2 1y agoNot sure if they were completely wiped out, may be just a fraction of their wealth that did - ex: their insurance policy. The working and poor class have less room to cope for disasters.