Triple Lutz Report #251 – Cyprus: Life Imitating South Park

from Financial Survival Network

First, check out this link to a classic South Park episode. At Stanley’s father’s insistence, he goes to the bank to deposit a $100 check from his grandmother. The nice accommodating bank officer puts it into a money market fund, the proceeds of which will be invested in a safe foreign currency investment derivative. No sooner are the funds deposited, then the officer informs Stanley, “It’s gone!” Stanley is angered and dumbfounded and is shooed out of the bank by the Bankster. Same thing is happening now in Cyprus. It’s gone!

Click Here to Listen to the Audio

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