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In return for this, the core countries would pay for a big write down in debts in the peripheral countries.
NEW YORK TIMES MEDIA DECODER H.P.'s Tough Choices Ahead | As soon as Oct. 3, when Hewlett-Packard will hold its industry analyst day in San Francisco, the company could face pressure to do something radical, like take a big write down or sell off some pieces, the Bits blog writes.
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Losses at Sony Corp. grew to $1.25 billion in the second quarter as the Toyko-based electronics giant took a big write down on its mobile phone division. .
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So in a way it was also opening doors to an enabling perspective to put something under, to put a jar with a lid, with a big 'D' written on it, thinking it helps accessing services.
His struggle with the extent to which he is enabling and constraining the patient's future is captured in his juxtaposition of words in this sentence: "…it was also opening doors to an enabling perspective to put something under, to put a jar with a lid, with a big 'D' written on it, thinking it helps accessing services".
Short of a miracle, Greece is going to need a big write-down.
A big write-down in the value of those bonds would leave the banks crippled.
"We expected a big write-down, but not one this big," said Peter Misek, a Jeffries analyst.
Equally worrying is the risk that a big write-down of Greek debt would unleash a fresh market assault on Italian or Spanish bonds.
On discovering these problems, Oxford says, it faced an unpleasant choice between raising premiums more than expected or taking a big write-off.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com