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View Full Version : Alliance Bank Debt Valued at 17% in Credit-Default Swap Auction - Bloomberg



NewsWhore
06-18-2009, 09:50 AM
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Alliance Bank Debt Valued at 17% in Credit-Default Swap Auction (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da5DDFBlUDMwM&cid=0&ei=_0g6SovwBpPy6wO9vqmACA&usg=AFQjCNESPizh2uGuKMW-HRa11_xj1aHdIw)
Bloomberg
The central bank this year devalued its currency, the tenge, and the state took control of BTA Bank. Alliance Bank stopped paying creditors after discovering $1.1 billion of liabilities that weren&#39;t reflected on its balance sheet and requested a ...


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