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Old 04-23-2010, 02:44 PM   #10
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Default Re: Credit crisis in Greece, others to follow...?

http://preview.bloomberg.com/news/20...nce-daily.html

Quote:
Greece Should Be Allowed to Go Bankrupt, Mark Mobius Tells Finance Daily
today credit default swaps are beginning to reach other club med countries: caixa general de depositos (por) is up 12% , banco de sabadell is up 9% and banco pastor (both esp) is up 7%. oh, and fortis (bel) jumps 11% within ~ an hour. conflagration here we come...
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