The French connection
Casey, B.
(2011).
The French connection.
When I reported on the second bail-out package – which is now rapidly unravelling – I pointed out that this involved bond holders taking a 21% “hair-cut”. I also suggested that this might be rather generous. The yields than available indicated that a hair-cut in the order of 40-50% might be more appropriate.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2011 The Author(s) |
| Departments | LSE > Research Centres > Hellenic Observatory |
| Date Deposited | 01 Jun 2017 |
| URI | https://researchonline.lse.ac.uk/id/eprint/79468 |