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

Taking the mickey

17 September 2015 By Hugo Dixon

The U.S. investor wants the euro zone to provide up to 23 bln euros in contingent capital so lenders’ existing shareholders aren’t diluted. While the idea has merit, Ross’ specific proposal looks greedy. The public sector would end up doing too much, private investors too little.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)