ISDA Says EU’s Aid Package ‘Shouldn’t Trigger’ Greece Credit-Default Swaps

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#1 Fri, Jul 22, 2011 - 9:48am
Violent Rhetoric
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ISDA Says EU’s Aid Package ‘Shouldn’t Trigger’ Greece Credit-Default Swaps

Alternate Headline... Bend Over Suckers!

The International Swaps & Derivatives Association said participation of private bondholders in the Greek rescue plan “should not trigger credit-default swaps” on the nation because it’s “expressly voluntary.”

https://www.bloomberg.com/news/2011-07-22/isda-says-eu-s-aid-package-shouldn-t-trigger-greece-credit-default-swaps.html

Edited by: Violent Rhetoric on Nov 8, 2014 - 5:05am

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