I do not know for a fact the the http://www2.isda.org/
decides what is a default in these instances.
I see two outcomes, one where the debt holders get shafted and one where the 5 US banks have to compensate the debt holders.
The question is what is the effect??? Bear in mind this is only Greece at the moment. What an absolute mess hey?
- Forums
- ASX - By Stock
- GOLD
- sinclair heads up
sinclair heads up, page-17
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)