Wednesday, December 14, 2011

Greek Bankruptcy Imminent?

"Big Oops out of Bloomberg:

  • GREEK CREDITOR COMMITTEE SAID TO BE NEAR HIRING BLACKSTONE
  • GREEK CREDITORS SAID TO WORK WITH WHITE & CASE, ALLEN & OVERY
  • GREEK CREDITOR COMMITTEE MAY FORMALLY HIRE BLACKSTONE THIS WEEK

Is that how it begins - with an involuntary filing of bankruptcy by an ad hoc committee of creditors?"

at http://www.zerohedge.com/news/greek-bankruptcy-imminent