THE INTERPRETER: U.S. Federal Reserve Bank: Holdup Men - More and more, right round the world, common people are being bilked out of their life's savings; in many cases their retirement nests have been outright confiscated by the state and their willing accomplices: big banks. In recent times Cyprus is a 'prime' example. The bandits weren't even masked; they didn't brandish pistolas either; didn't need to.