Equity investors and subordinated bondholders bailed in but line drawn at senior/’ordinary’ bondholders.
FT story here.
Fitch’s warning against bailing in ordinary bondholders covered in this related post.
The WSJ reports on debt restructuring policies in various European countries here.
Hash tag is #ieconf. Conference programme is here. Tweets/comments will be moderated throughout the day. If your browser isn’t displaying the liveblog in this post, click here to use the liveblog’s interface.
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A student economic forum will be taking place in Trinity College on February 8th/9th
It is a ticketed event open to all undergraduate and postgraduate students.
Confirmed speakers include Lord Turner, chairman of the FSA, Willie Walsh, CEO of IAG and Andy Haldane, Executive Director of the Bank of England, among others. For interested students, there are a limited of tickets that can be purchased on the forum’s website.
Details of this NERI seminar available here.