-wsj online:
Spanish Banks Try to Build Their Way Out of Home Glut
http://on.wsj.com/yiZCfJ
-reuters - hedge funds lock horns with IMF
funds accumulate greek debt and cds, refuse any haircut deal in order to force payment. if greece defaults, cds payout to cover losses. risk / reward.
Spanish Banks Try to Build Their Way Out of Home Glut
http://on.wsj.com/yiZCfJ
-reuters - hedge funds lock horns with IMF
funds accumulate greek debt and cds, refuse any haircut deal in order to force payment. if greece defaults, cds payout to cover losses. risk / reward.
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