Since there's evidently a substantial amount of confusion surrounding Greece CDS procedures, I thought it would be helpful to post this:
Thursday, March 1, 2012
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2 comments:
That clears that up!
Or simply tear it up when ISDA determine that because of subsection 3 paragraph 4, sentence 18 The Greek case wasn't technically a default ;) - good graph though! http://iam1percent.blogspot.com
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