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View Full Version : Banks Vie With Nations to Sate $2T Need - Bloomberg



NewsWhore
12-02-2011, 03:31 AM
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Banks Vie With Nations to Sate $2T Need (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNElgzLjZj_WxLo_5EWr12lWdzMHSw&url=http://www.bloomberg.com/news/2011-12-02/banks-vie-with-nations-to-sate-2t-need.html)
Bloomberg
A breakup of the single currency bloc would spark a wave of defaults among the region&#39;s lenders because of their cross- border connections, and bondholders can no longer rely on governments making good banks&#39; losses. Banks need to refinance bonds at an ...

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