We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Desperate times…

11 April 2012 By George Hay

Greek bank shares jumped on hopes that bailout cash might be used to insure lenders against sovereign losses, rather than just finance immediate recaps. That’s no magic bullet. But if this cuts lenders’ capital shortfalls, some equity investors could yet dodge total annihilation.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)