[lbo-talk] 40 percent haircut ?

Doug Henwood dhenwood at panix.com
Mon Mar 25 11:33:26 PDT 2013


On Mar 25, 2013, at 1:50 PM, 123hop at comcast.net wrote:


> Naked Capitalism has pretty good info on all of this.

For some reason, Naked Capitalism is trying to deny that Cyprus was a tax shelter and money laundry. Misha Glenny - who is a serious guy who knows what he's talking about - has a piece in today's FT convincingly arguing that it was. No doubt some innocent parties are getting clipped, but a lot of shitheads are too.

Glenny: http://www.ft.com/intl/cms/s/0/5c96868a-923a-11e2-851f-00144feabdc0.html



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