Friday, May 20, 2011

Citigroup's Hampden-Turner on Greek Debt and Europe

Bloomberg
May 20, 2011

Michael Hampden-Turner, a strategist at Citigroup Inc. in London, talks about the likelihood and timing of a restructuring of Greece's debt. Hampden-Turner, in a paper today, said Greece is unlikely to restructure its debt in the short term because it would be difficult to do so without triggering payouts of credit-default swaps. He speaks with Tom Keene on Bloomberg Television's "Surveillance Midday."



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