The Haircut (2013): For the first time in the financial crisis, bank accounts are being raided and people's savings are being seized. We look at the fallout of the EU's cruel gamble, exposing the human cost that's devastating Cyprus. For downloads and more information visit: In Cyprus the confiscation of bank deposits has been labelled 'the haircut', all too benign a way to describe what's happening. In return for 10 billion Euros of financial assistance, the European Commission, the European Central Bank and the International Monetary Fund have applied a cut-throat razor. The cuts it has imposed will devastate Cyprus and undermine confidence in banking Europe-wide. "We had a gun to our forehead and were told we are going to pull the trigger if you do not accept an arrangement like this," Michael Sarris, Cyprus's former Finance Minister and the man who signed the deal, tells us. He says it was out and out bullying and if Cyprus hadn&#
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)