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Greece Restructuring Triggers 'Credit Event'

Fri 09 Mar 12 | 04:00 PM ET
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Greece Restructuring Triggers 'Credit Event'

Fri 09 Mar 12 | 04:00 PM ET
As expected, ISDA says Greece triggered the payment on default insurance contracts by using legislation that forces losses on all private creditors, with CNBC's Michelle Caruso-Cabrera. Jeff Rosenberg, BlackRock, and Steve Neimeth, SunAmerica Asset Management, also weigh in.

Topics:

Greece  | Bailouts  | Banking  | Credit Default Swaps
 
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