Must read story..

Yesterday, on May 12, 2013, I saw Andrew, a good friend of mine from Cyprus, in Singapore. He was staying in a hotel on Sentosa Island with his brother David. They had one week to find a local bank to transfer their money from Cyprus. When Andrew came down into the hotel lobby, I was shocked by his haggard look. He greeted me stiffly and told me that it was the end of the road for him. We sat down in the bar, and he immediately asked me if I knew any bankers he could talk to. I told him about my irrelevant contacts in banking, and over the next hour he outlined for me story of how he lost his own and his clients’ money – about US$ 230 million all told, the money confiscated from them by the European Central Bank…
http://anashell.blogspot.sg/2013/05/must-read-story.html


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