Posts Tagged ‘bonds’

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    Greek Haircuts

    Jul 6, 11 • 257 Views • No Comments

    When people talk about haircuts and Greece, they are no longer referring to the female beauticians that retired at 50 with a generous state pension because their work was “arduous.” Instead, they are discussing the losses, known on Wall Street as...  [read more]

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    Debt Deja Vu

    Jun 9, 11 • 232 Views • No Comments

    Again, Greek debt was in the news. This time, though, the focus was other defaults. For as long as nations have existed, they have borrowed money and then been unable to repay it. The first report of Greece defaulting on her debt was during the fourth century...  [read more]