http://mises.org/community/blogs/fdominicus/archive/tags/could+get+interesting/default.aspxTags: could get interestingenCommunityServer 2008.5 SP2 (Build: 40407.4157)http://mises.org/community/blogs/fdominicus/archive/2012/01/11/it-could-get-quot-interesting-quot-quot.aspxWed, 11 Jan 2012 09:34:00 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:453241Friedrich Dominicus0http://mises.org/community/blogs/fdominicus/rsscomments.aspx?PostID=453241http://mises.org/community/blogs/fdominicus/commentapi.aspx?PostID=453241http://mises.org/community/blogs/fdominicus/archive/2012/01/11/it-could-get-quot-interesting-quot-quot.aspx#commentsAs you might know I&#39;m against government wherever I see it. Now there is some interesting new about Hedge funds and Greek debts. <p> As you might know Merkozy have informed us that Greece must be saved and was saved, partly through a &quot;voluntary&quot; renunciation through banks. </p> <p> It seems some parties are not very happy about it and have bought many soon to be maturing bonds. Now what does that mean? It means they expect either a full payment (that would be a fantastic return on investement) or that Greece will default and that the CDS will have to pay. In both times they are winning big. And that is excellent new. </p> <p> I&#39;m quite aware it will harm the counter parties and in the first case (the full payment) those are we the tax-payers. Anyway. it&#39;s up to everyone to take the risk or not. It&#39;s clear a few billions will be won by the Hedge fund but in the case of some expropriation. I guess they are aware of that danger. They should know quite well. &quot;One can not trust government&quot; If you do you will come home in a body bag. </p><div style="clear:both;"></div><img src="http://mises.org/community/aggbug.aspx?PostID=453241" width="1" height="1">deledefsfinally the oath of disclosureGreece on it&#39;s way outcould get interesting