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Eye on the Market, July 25, 2011
the deal if Greece missed deficit targets or assets sales, if bank participation was too low, or if hedge funds (once referred to by the Chairman of the German Social Democratic Party as a “swarm of locusts’) reaped large free rider windfalls? Ultimately, this is a political question. If “yes”, Germany will underwrite Greece no mat
Page: HOUSE_OVERSIGHT_025217 →macroeconomic problems. This weakens the foundations of the fiscal self-responsibility that EMU is built on”. CBO Congressional Budget Office OMB _ Office of Management and Budget EFSF European Financial Stability Facility FICA Federal Insurance Contributions Act EU European Union IMF International Monetary Fund HOUSE_OVERSIG
Page: HOUSE_OVERSIGHT_025219 →Microsoft Word - 07-25-11 - EOTM - White Castle.docx
the deal if Greece missed deficit targets or assets sales, if bank participation was too low, or if hedge funds (once referred to by the Chairman of the German Social Democratic Party as a “swarm of locusts”) reaped large free rider windfalls? Ultimately, this is a political question. If “yes”, Germany will underwrite Greece no mat
Page: HOUSE_OVERSIGHT_025222 →'89 '92 '95 '98 ‘01 '04 ‘07 '10 Source: Empirical Research Partners. Michael Cembalest Chief Investment Officer CBO Congressional Budget Office OMB Office of Management and Budget EFSF European Financial Stability Facility FICA Federal Insurance Contributions Act EU European Union IMF International Monetary Fund IF Institute
Page: HOUSE_OVERSIGHT_025225 →Eye on the Market, July 25, 2011
the deal if Greece missed deficit targets or assets sales, if bank participation was too low, or if hedge funds (once referred to by the Chairman of the German Social Democratic Party as a "swarm of locusts") reaped large free rider windfalls? Ultimately, this is a political question. If "yes", Germany will underwrite Greece no mat
Page: HOUSE_OVERSIGHT_031161 →d macroeconomic problems. This weakens the foundations of the fiscal self-responsibility that EMU is built on". CBO Congressional Budget Office OMB • Office of Management and Budget EFSF European Financial Stability Facility FICA Federal Insurance Contributions Act EU European Union IMF International Monetary Fund HOUSE_OVERSIGHT
Page: HOUSE_OVERSIGHT_031163 →Entities connected to both Office of Management and Budget and the German Social Democratic Party

Barack Obama
PERSON
Harry Reid
PERSON
Ronald Reagan
PERSON
Mitch McConnell
PERSON
Belgium
LOCATION
the Heritage Foundation
ORGANIZATION
JPMorgan Chase
ORGANIZATIONThe Peterson Foundation
ORGANIZATION
Bernard Connolly
PERSONJ.P. Morgan Securities LLC
ORGANIZATIONMichael Cembalest
PERSON
Bundesbank
ORGANIZATION
White Castle
ORGANIZATIONthe Gang of Six
ORGANIZATIONthe Monetary Union
ORGANIZATION
the Institute of International Finance
ORGANIZATIONLiquidity Hospital
ORGANIZATION
Alliance Bernstein
ORGANIZATIONHamiltonian Advisors
ORGANIZATION
Weidmann
PERSON