The Russian drug lords must be angry!
There is speculation that the well connected Russians got their money out and had a heads up.
Look for the money to have gone to Hong Kong, The City of London, Luxembourg, etc. If you see the ECB having to put in more money, then that is confirmation.
I feel very sorry for the people of Cyprus.
How in the world are European business' going to be able to trust the banking system to clear payments? They should have just let Greece go and ring fenced the rest of the Med. What a cluster!