Walking Back from Cyprus
3 Pages Posted: 19 Mar 2013
Date Written: March 18, 2013
Abstract
Last Friday, the European leaders trespassed on consecrated ground by putting insured depositors in Cypriot banks in harm’s way. They had other options, none of them pleasant but some less ominous than the one they settled on.
JEL Classification: F34
Suggested Citation: Suggested Citation
Buchheit, Lee C. and Gulati, Gaurang Mitu, Walking Back from Cyprus (March 18, 2013). Available at SSRN: https://ssrn.com/abstract=2235359 or http://dx.doi.org/10.2139/ssrn.2235359
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