Hedge Funds Challenge Greek Bailout–Bloomberg
The opportunity for a bailout of Greece may be blocked by some of the largest holders of its debt. Bloomberg reports that the hedge funds have set themselve in opposition to the IMF’s Greek rescue plans According to Bloomberg: The…
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The opportunity for a bailout of Greece may be blocked by some of the largest holders of its debt. Bloomberg reports that the hedge funds have set themselve in opposition to the IMF’s Greek rescue plans
According to Bloomberg:
The funds have built up such a powerful positions in Greek bonds that they could derail Europe’s tactic of getting banks and other bondholders to share the burden of reducing the country’s debt on a voluntary basis.
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