The guardians of the markets

posted by
July 7, 2011
Daily Speculations
by Paolo Pezzutti  
Posted in Commentary

"The sovereign debt crisis is not going away throwing money at the problem. The participation of the private sector in the Greek debt restructuring could impact Portugal['s] ability to access the capital markets. The public sector had to save the private sector almost 3 years ago. Funny how after the huge transfer of money to the banks, governments now ask the private sector to step in and help them buy time." (07/07/11)  

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