Cyprus just took 6.7% of everyone's cash in Cypriot banks.

European banks have begun to melt down: A stupid idea whose time had come

And if you have over 100K euros deposited in a Cypriot bank, they took 9.9%. And to make sure nobody had time to take their money out before the levy happened, they did it over a bank holiday. But at least you get shares in the bank that robbed you. Good luck trying to sell those shares for a profit anytime soon, though.