Tag Archives: REVEALED: Why The Troika’s ‘Validation’ Of The Greek Psi May Open Up A Can Of Worms

John Ward – REVEALED: Why The Troika’s ‘Validation’ Of The Greek Psi May Open Up A Can Of Worms – 10 March 2012

ANAYSIS OF A CREDIT EVENT: DIRTY DEEDS AT THE DEBT-SWAP CORRAL

Evidence of public sector bribery raises doubts as Venizelos accused of personal gain

Although the ways and means used to get to 85.8% overall Greek swap participation (0.8% over what ISDA wanted) and 95.7% including CAC enactions (0.7% over what Brussels wanted) are roughly 0.0001% relevant to the now inevitable death of the eurozone, I think it behoves all good bloggers and investigative hacks to raise some doubts about them. I believe this because all those who think 21st century commerce and politics need a major ethics transfusion always require some evidence to go on….if only to shatter the risible arguments put up by the opposing side. Continue reading