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Tag Archives: Reserves on Greec exposure
Get Them to the Greek (Writedowns) – IASB
Wow! Just came across this piece from the FT about the concerns of the International Accounting Standards Board (IASB) of how European financial institutions have not reserved enough against potential credit losses on their Greece sovereign bond holdings. Are these … Continue reading
Posted in Black Swan Watch, Bonds, PIIGS
Tagged Credit losses, Greece, IASB, Reserves on Greec exposure, Sovereign Debt
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