Linkfest: No Visible Bank Run as Cyprus Banks Re-open Under Capital Controls; Samsung v. Apple
Categories: Linkfest
Linkfest.com finds today’s top headlines by following the best ‘curators’ on the Web and on Twitter, and by your votes and social media shares – pick the most important stories you think should appear by voting here.
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4. Greek Bets Sank Cyprus’s Top Lenders
Wall Street Journal shared by @kairyssdal, @NickMalkoutzis, @spignal, @AmerBanker, @ObsoleteDogma and 3 more |
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9. Cohen Buys Hamptons Property for $60 Million
New York Times shared by @carney, @HamzeiAnalytics, @MattGoldstein26, @ReformedBroker and 5 more |
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11. The Best Way to Save Banking Is to Kill It
Bloomberg shared by @izakaminska, reddit/Economics, Angry Bear, @ritholtz, FT Alphaville and 7 more |
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Hi All:
Size: Greece is 2/3 the GDP of Bavaria, and Cyprus is less than 1/10th that of Greece.
History: Italy, Greece, Cyprus – excluding war, this is Europe’s answer to Southern California and Fort Lauderdale for, oh, at least 1,100 years now.
Where we are: Comparing 2008-2013 to 1929-1934 – if Europe and the Global Economy has not been whacked yet by short sighted geopolitical, political, or fiscal errors it is not going to happen.
Take-away: I am more concerned about my water and sewer bill. Enjoy your Easter Weekend!
Brian