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Walking Back from Cyprus

3 Pages Posted: 19 Mar 2013  

Lee C. Buchheit

Cleary Gottlieb Steen & Hamilton LLP - New York Office

G. Mitu Gulati

Duke University School of Law

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

Buchheit, Lee C. and Gulati, G. 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

Lee C. Buchheit

Cleary Gottlieb Steen & Hamilton LLP - New York Office ( email )

One Liberty Plaza
New York, NY 10006-1470
United States

Gaurang Mitu Gulati (Contact Author)

Duke University School of Law ( email )

210 Science Drive
Box 90362
Durham, NC 27708
United States

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