Relevant:
- Hussman: "Penny Wise and Euro Foolish"
- Debt Talks Fail; Leaving Deadlock
- EU issues final warning to Greece as last-ditch talks achieve nothing
- Lines to Withdraw Deposits Queue Up as Run on the Banks starts in Greece
- Fitch says 50% Haircuts would Constitute Default; No Official Ruling from ISDA Yet; Wrong Decision Could Kill CDS Market
2011-10-26 — blogspot.com
``the main news is talks are deadlocked with open issues regarding the size of the haircuts, whether or not the haircuts are voluntary, the amount of EFSF leverage, the size and timing of bank recapitalization efforts, and how much of the new Greek bonds will be insured. That's a lot of open issues.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.