GOLDMAN: The Bailout Could Be A Great Deal For Cyprus

Goldman Sachs is out with a reaction to the Cyprus bailout deal negotiated over the weekend, the most controversial part of which entails a haircut on bank deposits, something that hasn't yet been seen until now in the euro crisis saga. Goldman analyst Francisco Garzarelli says that while the deal could cause some short-term volatility, the fallout from Cyprus will likely be contained, assuming the controversial measures are able to survive a vote in the Cypriot parliament this week (which remai...