Daily Archive: December 1, 2010

Dec 01

So much for the bailout…

Source: Bloomberg If you can’t pay your debts then you can’t pay your debts…additional credit doesn’t quite cut it. Clearly the market is unconvinced by the bailout package for the Irish and bond yields continue their upward climb. One of the desired outcomes of a bailout package is the hope it will calm markets…it clearly …

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