2012 – Page 85 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Iceland upgrade sure makes default look palatable

The euro zone is not ready politically for a default

Italy has taken significant steps away from the abyss

Greece’s extreme parties are gaining support

Dollar Softer on Greek Bailout Hopes

News Links: EU to punish Spain for deficits

Greece: On Pace for the Worst Recession in Modern History

Greek Uncertainties Drive Flight to Safety

Adam Smith and Joseph Schumpeter on the Bifurcation of Society

What Went Wrong in Portugal?