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Greek Precedent Exposes Banks, Says Ackermann

November 09, 2011

The precedent set by the restructuring of Greek sovereign debt risks leaving banks more exposed to future financial crises of other countries, according to the man who helped to orchestrate the so-called “private sector involvement” in the rescue plan for Athens. The FT reports.

Source: http://www.cnbc.com/id/45218163?__source=RSS*tag*&par=RSS
 
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