Re:Cypriot Bailout Sends Shivers Throughout the Euro Zone
by paganel on Sunday March 17, 2013 @07:07PM
(#5391490)
> No. Is it possible? Maybe.
This eerily reminds me of the bank run on Northern Rock, in August 2007. I was working for a mortgage broker at the other side of Europe at that time, and I was saying to myself: "hey, that's bad for those poor fellows, but it cannot have that big of an impact on the rest of us, it's just a bank in some god-forsaken corner of the UK". One year later Lehman went bust.
This eerily reminds me of the bank run on Northern Rock, in August 2007. I was working for a mortgage broker at the other side of Europe at that time, and I was saying to myself: "hey, that's bad for those poor fellows, but it cannot have that big of an impact on the rest of us, it's just a bank in some god-forsaken corner of the UK". One year later Lehman went bust.