Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Which is why no bank dabbling in Credit Default Swaps has gone bust over the past 2 years. Well-known fact, too.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Carrie (migeru at eurotrib dot com) on Thu Oct 8th, 2009 at 02:41:31 AM EST
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