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Social and Behavioral Sciences Commons™

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Comparative and Foreign Law

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Bailouts (Government policy)

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Walking Back From Cyprus, Lee C. Buchheit, Mitu Gulati Jan 2013

Walking Back From Cyprus, Lee C. Buchheit, Mitu Gulati

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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.

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