I saw a piece on the news tonight where the government of Cyprus was planning to take money directly from everyone's bank accounts to save the country from bankruptcy. Panic rush on the banks and ATMs there.
Government waste came to this. One of many stories on it:
http://worldnews.nbcnews.com/_news/2013/03/18/17355675-cyprus-banks-ordered-closed-to-halt-panic-withdrawals?lite
Government waste came to this. One of many stories on it:
http://worldnews.nbcnews.com/_news/2013/03/18/17355675-cyprus-banks-ordered-closed-to-halt-panic-withdrawals?lite