3
Shared Docs
0
Same-Page
3 / 3
Mentions
Eye on the Market, July 25, 2011
ney to be lent to countries before they enter into an IMF program, for recapitalization of banks. All things considered, it’s the broadest defense of the Monetary Union so far. On paper, it even looks like a free ride for holders of Greek paper that don’t participate in the debt exchanges (they would be paid at par).
Page: HOUSE_OVERSIGHT_025216 →to one more package, the problem will go away. However, we are starting to see analyses of how costly a permanent transfer union may be for Germany. Bernard Connolly at Hamiltonian Advisors sent me a recent paper from the Centrum fur Europaische Politik in Freiburg, which provides some clues. They see three altern
Page: HOUSE_OVERSIGHT_025218 →Microsoft Word - 07-25-11 - EOTM - White Castle.docx
l things considered, it’s the broadest defense of the Monetary Union so far. On paper, it even looks like a free ride
to one more package, the problem will go away. However, we are starting to see analyses of how costly a permanent transfer union may be for Germany. Bernard Connolly at Hamiltonian Advisors sent me a recent paper from the Centrum fur Europaische Politik’ in Freiburg, which provides some clues. They see three alter
Page: HOUSE_OVERSIGHT_025224 →Eye on the Market, July 25, 2011
ney to be lent to countries before they enter into an IMF program, for recapitalization of banks. All things considered, it's the broadest defense of the Monetary Union so far. On paper, it even looks like a free ride for holders of Greek paper that don't participate in the debt exchanges (they would be paid at par).
Page: HOUSE_OVERSIGHT_031160 →to one more package, the problem will go away. However, we are starting to see analyses of how costly a permanent transfer union may be for Germany. Bernard Connolly at Hamiltonian Advisors sent me a recent paper from the Centrum fur Europaische Politik in Freiburg, which provides some clues. They see three altern
Page: HOUSE_OVERSIGHT_031162 →Entities connected to both Bernard Connolly and the Monetary Union

Belgium
LOCATION
Barack Obama
PERSON
Harry Reid
PERSON
Mitch McConnell
PERSON
Office of Management and Budget
ORGANIZATION
JPMorgan Chase
ORGANIZATION
Ronald Reagan
PERSON
the Heritage Foundation
ORGANIZATIONJ.P. Morgan Securities LLC
ORGANIZATIONMichael Cembalest
PERSON
Bundesbank
ORGANIZATION
White Castle
ORGANIZATIONthe Gang of Six
ORGANIZATIONThe Peterson Foundation
ORGANIZATIONthe German Social Democratic Party
ORGANIZATION
the Institute of International Finance
ORGANIZATIONLiquidity Hospital
ORGANIZATION
Alliance Bernstein
ORGANIZATIONHamiltonian Advisors
ORGANIZATION
Weidmann
PERSON