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canestsal

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canestsal

Re: hotrod34racer post# 11945

Thursday, 03/08/2012 11:39:25 AM

Thursday, March 08, 2012 11:39:25 AM

Post# of 36572
I agree. However, I suspect there are back-room deals to coax the bond-holders to the table (i.e. access to cheap credit, discounted euro-bonds, access to ECB liquidity, etc etc)

I have done some reading, and it turns out that the only ones getting 'royally screwed' on this deal, are the Greek pension funds who are holding Greek bonds.
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