Help: Bank of Cyprus took my deposits

[Ripley]

Quote from Swan Noir:

Now I'm depressesd. If I had been smart enough to have money in the Bank of Cyprus I could have been involuntarily converted into equity and be sitting on a great come bet that will probably result in a great return ... someday.

WOW ... did I miss out!!

You are missing out on a lot of stuff.

There is actually a class of investors out there who would only invest in banks that are about to go bankrupt.

 

[Swan Noir]

So you believe that the equity you own today is worth as much as the deposit you had six weeks ago? iIm not speaking of the phenomenal appreciation you anticipate I mean right here and now.

Quote from Ripley:

You are missing out on a lot of stuff.

There is actually a class of investors out there who would only invest in banks that are about to go bankrupt.

 

[dealmaker]

Quote from Ripley:

You are missing out on a lot of stuff.

There is actually a class of investors out there who would only invest in banks that are about to go bankrupt.

And the best known of those fund managers Wilbur Ross on CNBC said he would not touch Cyprus with a ten foot pole.
Obviously this is an April fool's joke, otherwise how do you have the time to spend the entire day on elitetrader and manage a hedge fund with so many international clientele, especially from Middle East i.e. every fund from US, London, Singapore and Hong Kong are after them.

 

[Swan Noir]

As you know, Mr. Ross does not leave deposits in the banks waiting for them to go broke he negotiates a private placement after they are broke.

Quote from dealmaker:

And the best known of those fund managers Wilbur Ross on CNBC said he would not touch Cyprus with a ten foot pole.
Obviously this is an April fool's joke, otherwise how do you have the time to spend the entire day on elitetrader and manage a hedge fund with so many international clientele, especially from Middle East i.e. every fund from US, London, Singapore and Hong Kong are after them.

 

[asap]

hilarious thread, please carry on.

 

[Ripley]

Quote from dealmaker:

And the best known of those fund managers Wilbur Ross on CNBC said he would not touch Cyprus with a ten foot pole.
Obviously this is an April fool's joke, otherwise how do you have the time to spend the entire day on elitetrader and manage a hedge fund with so many international clientele, especially from Middle East i.e. every fund from US, London, Singapore and Hong Kong are after them.

The most hardest part in running a hedge fund is in the earlier years when you are trying to get the fund off the ground.

Now that my fund is off the ground and I have worked very hard to get to this level, I could take off and do nothing for the entire year and I will still be alright.

 

[Ripley]

Quote from Swan Noir:

As you know, Mr. Ross does not leave deposits in the banks waiting for them to go broke he negotiates a private placement after they are broke.

Mr. Ross has almost 70 years of experience on me. I respect his decision not to invest in Bank of Cyprus.

 

[achilles28]

Quote from Ripley:

The name of my hedge fund is inspired by the greatest and the most successful hedge fund there ever was. Actually the name is very similar.

And who would that be?

 

[zdreg]

Quote from Ripley:

Mr. Ross has almost 70 years of experience on me. I respect his decision not to invest in Bank of Cyprus.

mr ross will be glad to hear that you respect his decision. he will sleep much better at night.

 

[dealmaker]

I don't know who RIPLEY is but I am sure he is just having fun...


[EDITED BY MAGNA: At Ripley's request this thread has been Closed]