U.N. Holds Behind The Scenes Greek Derivatives Talks As Transparency Questions RaisedMark Melin
A key option in Greek debt negotiations, soveriegn debt forgiveness, is apparently off the table as non-transparent Greek derivatives take priority over a compromise
The most unreported story in the Greek negotiation is the unknown impact of the derivatives contracts that underlie the economic system. What banks have exposure? Who is the primary U.S. regulator dealing with the banks that have Greek derivatives exposure . . .
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