English: Bank of Cyprus huge offices in Aglandjia suberb of Nicosia Republic of Cyprus (Photo credit: Wikipedia)

The S&P 500 Is The Likely Winner Of The Crisis In Cyprus

Some investors know that there is a certain potential element of opportunity lurking in almost every dark cloud. In the case of the recent restructuring of the Cypriot banking sector, this is most certainly the case. As the Cyprus banks reopen and money gradually trickles past the currency controls imposed to prevent capital flight, funds have to find a home somewhere else. Even if it takes months to gradually extract one's deposits, it is going to happen.