Friday, July 8, 2011

Dinsdale?

US Taxpayers Just Paid $780 Million To Fund The Latest Greece Bailout Tranche | zero hedge: "But this plot has a bonus kicker: as we reported on Wednesday, the actual Greek debt is no longer owed by European banks to the extent it had been previously expected: a development that threatens to scuttle the entire second Greek bailout plan as currently proposed. So as the banks have been selling Greek debt, who has been buying? Mostly hedge funds, such as everyone's favorite John Paulson. So to recap: US taxpayers have just paid out about $780 million of the $4.6 billion in order to fund interest owed to... hedge funds."
Are you being watched by a giant hedgehogfund? Dinsdale? Dinsdale? You're certainly being bankrupted by one hundreds of them...