1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4623) 

Cyprus Bailout Worry Rattles the Market - Goldman's Jim O'Neil Tells Us Whether We Should Be Worried

March 18, 2013 | About:

Oh my gosh, we haven't had anything significant to worry about for several weeks. Now here comes this Cyprus headline to the rescue giving CNBC a worry to sell to its viewers.

Goldman's Jim O'Neill

- He is still trying to get his head around what is going on in Cyprus.

- He thinks this is a big deal, and not a good one.

- The big concern is that the EU would back something like this.

- Believes that this deal has to be related to the fact that Germany requires it in order to get this passed through its parliament.

- He can't understand how the EU thinks hitting small savers in this way is appropriate.

About the author:


Rating: 2.0/5 (1 vote)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

jblrseUndervalued Comanies
1946DCF ROC price change one yr
DBrizanmga beater27Jul2016
DBrizanmga beater
DBrizanBlank 26Jul2016
DBrizanBlank 27Jul2016
DBrizanUSA high quality
DBrizanCDN high quality

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)