Tag Archives: Reserves on Greec exposure

Get Them to the Greek (Writedowns) – IASB

Posted on August 29, 2011 by macromon

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 , , , , | 1 Comment