Friday, July 22, 2011

Feel free to copy, there is no copyright on an Anoneumouse montage. (click on image to enlarge)

Euro bond investors, "made an offer they cant refuse".

Greece is defaulting on its debt, as its bond investors are being asked to swap their securities for new ones with less beneficial terms

The credit rating firms haven't yet ruled on the details of the European Union's second bailout of Greece, But it's widely expected that, under the plan, Greece will be declared in “default” meaning investors will be made an offer they cant refuse.


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