The central bank has so far injected $3.9 billion into the nine troubled groups.
While the Greek swaps would probably be paid, they represent only part of the $602 billion of swaps that have been written on the five troubled countries.
But these banks have made extensive use of a type of financial insurance, the credit-default swap, to help them offset any losses that might occur if defaults swamped the five troubled nations.
But these banks have made extensive use of a type of financial insurance, called credit-default swaps, to help them offset any losses that might occur if defaults swamped the five troubled nations.
People involved with the plan said that Citigroup lacked credibility to sell the plan to investors, because it could disproportionately benefit if the plan provided relief to the seven troubled SIVs it operates.
The Six Troubling Ingredients.
It's tough to get away from this one — trouble in the bedroom — as they are a married couple and this is, essentially, a sitcom.
But the two have trouble -- answering the telephone, shopping for groceries and remembering to change their underwear.
When looking at foreign affairs in January 2003, we presciently concluded that the two biggest trouble spots -- Iraq and North Korea -- posed too large a challenge for our wish-making capacities.
Ferb's stepsister, Candace, is always trying to get the two in trouble with their mother for their schemes, but is never able to.
