How did the US do it?.. Realizing that letting Lehman fail was disastrous they started a bail out program called TARP... Contagion from letting Greece fail would be not in the EURO's best interest..
We can both agree to disagree.. so you think EURO will let Greece go.. what do you think will happen with the other PIGS nations?..
"When they purchased at $4, what were they thinking?"
They didn't see the 2014 Oil crash.. not a correction but a major CRASH.... just like the rest of the world..
Does the EU seem worried? the quick answer is YES...
"to understand the systemic implications of a Greek default.Not too many people in the world do"
They Didn't understand the contagion of Lehman in the Us either..
What kind of issues will arise with the rest of the PIGS nations?
Is it worth finding out? quick answer... NO!
It is a gamble to invest in NBG; however, It's a bigger gamble for the EURO to let Greece default.. Don't you agree? The contagion would be disastrous for the EURO..
If it's common I believe they lose their shares.. regardless they will be better off turning this company around..
There will be NO reward if they go BK so it's in their best interest to make those shares more valuable than it is today.. I rather they get compensated thru shares than cash any day...
No.. The contagion effect would be disastrous for the euro.. Just like Lehman was for the US..
I have some synthetic collateralized debt obligations to sell ya... maybe you can get Moodys to AAA for ya.. again..
You can't stop trolls.. they will always infest any on-line forum.. best just to ignore them especially if they don't have anything to add except noise..
I'm just exhausted with NatGas, look at the global prices compared to the US flaring it.. I would rather have had the NatGas act passed.. Got to shovel for another 4 hrs again.. thx global warming..
My last purchase was $.47 cents.. I may add more in the $.50's or I may have to be patient and try to get lower than my last purchase.. any contract announcement will spike this out my purchase reach.. have enough shares already..