default – Page 18 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Core Europe Sitting Pretty in their PIIGS Drawn Chariot

Lenders now suing for mortgage debt after foreclosure

Greek Haircuts: A Clarification

Mosler: Why Greece should not be allowed to default

Issing: Greek 50% haircut, euro zone exit; euro bond fans ‘gravediggers of stable euro’

On Greek Haircuts

S&P: More bailouts will lead to Germany’s eventual downgrade

The longer we delay, the worse it will be for peripheral Europe

Fitch: larger bondholder haircut equals better Greek rating

Slovenia deals another blow to euro bailouts