Euro Stress is not about “political uncertainty” it is about “insolvency”

Insight on which institutions in Europe had the highest amount of sovereign exposure that have yet to be written up, with James Chanos, Kynikos Associates president/founder, who says the ECB will pull out all the stops and the crisis is more of a solvency issue instead of a liquidity issue.

This entry was posted in Main Page. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *