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On second thought, I may have been confused: I was interpreting "bondholder bailout" as bailing out private holders of Greek bonds in case of a Greek default, while you probably meant bondholders participating in Greece's bailout... financial terms are difficult.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Thu Jun 16th, 2011 at 05:23:49 AM EST
[ Parent ]
"Bailout" and "bailin" are not financial terms, they're colourful metaphors.

Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Thu Jun 16th, 2011 at 05:26:55 AM EST
[ Parent ]

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