This Cyprus thing amounts to looting, pure and simple. There are People who have saved for years in order to build a nest egg and help fund their retirement. There are many People who have sold their house and waited for the payment to be credited into their account and now they have nothing - no home and no savings. Hundreds of business owners who are unable to trade and are letting staff go and many of them will go to the wall.
The mainstream media talk about rich Russians who have cleverly used the tax status of Cyprus to launder money but this is just a smokescreen. I'd like to see the faces of those who write this rubbish fall open mouthed if the same thing happened to their life savings.
Read this fellas woes and tell Me He deserves all He gets:
http://www.zerohedge.com/news/2013-03-29/i-went-sleep-friday-rich-man-i-woke-poor