Anyone have a copy of the proposed forbearance agreement for large account holders? It seems pretty brazen to ask people to give the company some slack on repaying deposits when they haven't really come clean on what went wrong. "For legal reasons we are not yet at liberty to document them" isn't good enough explanation; an announcement of specific arrests or civil lawsuits might be.
Typo on my part. My comment was in reference to this:
"It seems pretty brazen to ask people to give the company some slack on repaying deposits when they haven't really come clean on what went wrong."
Which is exactly what Cyprus is doing with its banks right now. They've frozen most of the assets of their depositors and are taking a percentage of the existing accounts.
And still no one wants to actually analyze the problem to see what's wrong.. the answer is simply "throw more money at it."
