Daily Archives: October 30, 2011

Fitch Says 50% Greek Bond Haircut Would Be Default Event

Posted on October 30, 2011 by

By Jennifer Ryan Oct. 28 (Bloomberg) — European leaders’ agreement on a 50 percent haircut on Greek bonds may create an event of default if investors accept it, Fitch Ratings said in a statement today. “The 50 percent nominal haircut … Continue reading →

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Did You Hear the One About the Bankers?

Posted on October 30, 2011 by

  By THOMAS L. FRIEDMAN CITIGROUP is lucky that Muammar el-Qaddafi was killed when he was. The Libyan leader’s death diverted attention from a lethal article involving Citigroup that deserved more attention because it helps to explain why many average Americans have expressed … Continue reading →

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