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Reply #3: So what happens to the 50% that disappears? [View All]

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CanonRay Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:21 AM
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3. So what happens to the 50% that disappears?
I mean, who holds the paper? What do they get, if anything. Who gets to pick which 50% is gone, and which might still be paid? Somebody got screwed, and I bet it isn't the banksters.
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  -Euro Zone Frees Greece of Half its Debts xchrom  Oct-27-11 06:06 AM   #0 
  - So what are they going to do  customerserviceguy   Oct-27-11 06:25 AM   #1 
  - good question. nt  xchrom   Oct-27-11 06:53 AM   #2 
  - So what happens to the 50% that disappears?  CanonRay   Oct-27-11 07:21 AM   #3 
  - Let the haircuts begin.  bemildred   Oct-27-11 08:40 AM   #4 
     - Indeed. Are the banks eating them or the governments paying it off for Greece  ProgressiveProfessor   Oct-27-11 09:31 AM   #5 
        - An interesting question, my money would be on the banks (eating things, I mean).  bemildred   Oct-27-11 09:40 AM   #6 
 

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