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Greek Bankruptcy Imminent?

Tyler Durden's picture
Submitted by Tyler Durden on 12/14/2011 13:40 -0400



 

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?

 
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Wed, 12/14/2011 - 15:19 | 1979828 junkmail
junkmail's picture

seems like the isrealis will be taking all the greek churches in jerusalem.... im thinking this debt game was another way for isreal to get the land holdings of the greeks... anyone thought of that... Greeks own ALOT of land in isreal. 

Wed, 12/14/2011 - 15:20 | 1979830 toros
toros's picture

New drinking game:

Everyone does a shoot of Ouzo everytime "Greek Bankruptcy Imminent" headlines a ZH article.

Wed, 12/14/2011 - 15:25 | 1979855 Jlmadyson
Jlmadyson's picture

Perhaps the Mayans were off a year. Downgrades post bell Friday by Wed it would feel like the end.

Wed, 12/14/2011 - 15:55 | 1980038 SqueekyFromm
SqueekyFromm's picture

Uh, maybe the Greeks should reclassify their nation as a "Farmer" or "Agrarian Nation", because I don't think you can put farmers into involuntary bankruptcy.

Squeeky Fromm, Girl Reporter

Wed, 12/14/2011 - 21:08 | 1981421 zippy_uk
zippy_uk's picture

At my "institution" us IT bods are making plans to be ready for Greek default day by 23rd December.  

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