Relevant:
- Massive Rout in Irish Elections; Collision Course with the EU; Default the Best Option for Ireland
- Roubini Eyes "Perfect Storm" and Bond Market Revolt; German Central Bank Says Greek Default Would Not Destabilize the Euro; Time to Short Treasuries?
- Irish Opposition Leaders Are Pushing For Anglo Irish To Default On Its Bondholders
- ECB Governor Christian Noyer Warns "Default Would Mean Financing the Entire Greek Economy"; 10-Year Yields at Record High; Emergency Session Underway
- Europe Goes "Completely Mad" At Suggestion Of Irish Default Demanded By 57% Of Irish Population
2011-04-14 — irishtimes.com
``"German, French and British banks gambled recklessly and lost but they are now demanding an each-way bet.'' Mr Healy said that, one way or another, there would be a default. "We need to negotiate a structured default, because if we default unilaterally the resulting situation will be absolutely dire,'' he said.''
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