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Best Restructuring for Investors? Austerity | |
May 24, 2011 The best type of restructuring for investors is austerity, a type of debt default that sees a government renege on its obligations to its own people rather than bond holders according to Christian Gattiker-Ericsson, the chief strategist and head of research at Julius Baer. Source: http://www.cnbc.com/id/43147019?__source=RSS*tag*&par=RSS |