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Greece is selling bonds again

the_shootist

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#2

Ebie

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#3
Puerto Rico had defaulted, ie missed payments on its bonds.
It cannot be made to declare bankruptcy like a corporation, ie,, it cannot be forced to sell/transfer assets such as roads and schools and parks to its creditors.
There is very very little news on this.
What is the market value on existing PR bonds? Zero? $0.01?
What about old Greek bonds?
 

Someone_else

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#4
The bastards buying the bonds (loaning money to the Greek government) deserve a hard kick in the balls for their bad behavior, then lose all their money.
 

andial

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#5
Yes once the Greek government started letting massive waves of immigrants pass through or stay in their country that gained them favor with the top who provide credit. Expect lessening financial burdens on the Italian and Spanish governments also.
 

Mr Paradise

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#6
....and if inremember correctly it was Hillary's son in law who's hedge fund was speculating heavily on Greek bonds last go around.
 

Ebie

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#7
The bastards buying the bonds (loaning money to the Greek government) deserve a hard kick in the balls for their bad behavior, then lose all their money.
I suspect the buyers are not "people" but institutions w government connections.
 
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Treasure Searcher

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#10
and, taxpayers to support the purchase when it sours?
Most likely. The government (or should we say taxpayers) will be back stopping any loss to the banksters.