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A Bankrupt Greece Could Be Europe’s Lehman Brothers

Greece could become another Lehman Brothers. An Armageddon for the European financial system.  This would not be healthy for the Euro, the health of the European economy, the stability of the European banks or the share markets in European capitals.The crux of the matter falls on the European banks  which are carrying sovereign Greek paper at par– and its worth  a fraction of par.

Zdroj: A Bankrupt Greece Could Be Europe’s Lehman Brothers – Robert Lenzner – StreetTalk – Forbes.

 

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