Adventures of a “Bail In” – Featuring the Little Island that Couldn’t

Content provided by Matt Santini, CLS Portfolio Manager As I write this, the island of Cyprus has just agreed to keep banks closed through Thursday. If you were looking to drawdown on your offshore cash before the NCAA tourney, you are out of luck. And ultimately, unless they own gold or have mattress reserves, Cypriot’s… Continue reading Adventures of a “Bail In” – Featuring the Little Island that Couldn’t

Hey, Remember Europe?

Lately, attention has obviously been all about the you-know-what, yet somewhat behind the scenes, on the other side of the Atlantic, deals are being dealt. For months upon months now, the Eurozone finance leaders have been battling to put in place strict austerity measures in troubled economies to stop wasteful spending and actually collect some… Continue reading Hey, Remember Europe?

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