You should watch this video – it is truly horrendous
http://blogs.telegraph.co.uk/news/danielhannan/100114217/a-german-view-of-the-bailout-deal/
Les
Sounds pretty coercive, no? Yet despite this it still looks like most Greek bondholders will be forced to pay for their own stupidity. ‘Cause as it turns out, over 90% of Greek debt is governed by the terms of Greek law. Which offers much less protection than the UK laws governing the remaining ~10%
http://www.zerohedge.com/news/guest-post-greek-cds-shennanigans
will infuriate euro rebelsThe wife (pictured), of Deputy Prime Minister Nick Clegg is risking accusations of conflict of interest by taking a job with U.S. law firm Dechert, heading up the firm's EU trade and EU government affairs practice.Will infuriate euro rebels
Full Story: http://www.dailymail.co.uk/news/article-2053753/Miriam-Clegg-gets-new-job-firms-EU-trade-chief-infuriate-rebels.html 26 October 2011 www.dailymail.co.uk
S&P Issues Statement On EFSF, Says "Almost Certain" European Governments Would Support CDO
http://www.zerohedge.com/news/sp-issues-statement-efsf-says-almost-certain-european-governments-would-support-cdo
The Global Moral Hazard Dawns: Merkel Says "It Must Be Prevented That Others Come Seeking A Haircut" As Ireland Cuts GDP Forecast
http://www.zerohedge.com/news/global-moral-hazard-dawns-merkel-says-it-must-be-prevented-others-come-seeking-haircut-ireland-
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