Originally posted by AtW
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Greece on verge of breakthrough in deal to cancel 70% of debt
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Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by d000hg View PostYes but Sas staked his reputation on it being a default not "practically nearly a default", so wouldn't you rather hang him out to dry?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostReputation?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostIn Sasguru land, he has quite a reputation as an astute commentator on all matters regarding the global economy.Comment
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IMO default should be decided by whether or not the CDS pays up. Alot of financial institutions will be hedged with CDS so would rather a default went ahead.Comment
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Greek debt deal hits setback as talks suspended
Crucial talks over a debt deal between lenders and the Greek government were suspended over the weekend as the representative of bondholders flew out of Athens empty handed.
Greek debt deal hits setback as talks suspended - Telegraph
What a suprise....Comment
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Originally posted by BrilloPad View PostIMO default should be decided by whether or not the CDS pays up. Alot of financial institutions will be hedged with CDS so would rather a default went ahead."A life, Jimmy, you know what that is? It’s the s*** that happens while you’re waiting for moments that never come." -- Lester FreamonComment
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Originally posted by Freamon View PostCDS are zero sum - a lot of other financial institutions will have sold CDS, so would rather Greece didn't trigger an event of default.merely at clientco for the entertainmentComment
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Originally posted by Freamon View PostCDS are zero sum - a lot of other financial institutions will have sold CDS, so would rather Greece didn't trigger an event of default.Comment
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