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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 →e latest * Private sector involvement in Greek debt rollover, committed in principle by 30 financial institutions listed in the document released by the Institute of International Finance: target participation rate of 90%; exchange appears to result in Selective Default credit rating * Voluntary participation options Include exchanging
Page: HOUSE_OVERSIGHT_025217 →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 →e latest * Private sector involvement in Greek debt rollover, committed in principle by 30 financial institutions listed in the document released by the Institute of International Finance; target participation rate of 90%; exchange appears to result in Selective Default credit rating * Voluntary participation options include exchanging
Page: HOUSE_OVERSIGHT_025223 →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 →ty Facility FICA Federal Insurance Contributions Act EU European Union IMF International Monetary Fund HOUSE_OVERSIGHT_031163 --- PAGE BREAK --- IF Institute of International Finance ECB European Central Bank EMU European Monetary Union AMT Alternative Minimum Tax A White Castle hamburger is smaller than its competitors' offerings
Page: HOUSE_OVERSIGHT_031164 →Entities connected to both the German Social Democratic Party and the Institute of International Finance
Michael Cembalest
PERSON
JPMorgan Chase
ORGANIZATIONJ.P. Morgan Securities LLC
ORGANIZATION
Bundesbank
ORGANIZATION
Ronald Reagan
PERSON
Barack Obama
PERSON
Mitch McConnell
PERSONthe Gang of Six
ORGANIZATION
Belgium
LOCATION
Bernard Connolly
PERSON
Harry Reid
PERSON
Office of Management and Budget
ORGANIZATION
the Heritage Foundation
ORGANIZATION
White Castle
ORGANIZATIONThe Peterson Foundation
ORGANIZATIONthe Monetary Union
ORGANIZATIONLiquidity Hospital
ORGANIZATION
Alliance Bernstein
ORGANIZATIONHamiltonian Advisors
ORGANIZATION
Weidmann
PERSON