He added to his countries debt tens of billions of dollars...which the banks including this one...will only lose their values...even more.
The short along with the perception of this banks stocks weakness only highlighted in the end what would occur.
It's capitulation under $1.00...and will be delisted from NYSE before long.
He's a moron and a political neophyte rookie who just added decades more of debt onto the backs of the young Greeks that will have to pay it all back.
If they would have just accepted the deal that was presented they would have saved another 20+ billion- by defaulting they added that and then some to their original debts.
They are screwed- they don't have an economy-it's over.
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