Search: “Bini Smaghi”

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Anglo’s January 31st Bond

There have been some comments on this blog this morning on the popular subject of bank bonds. Let me point out some facts and then some questions for debate. The facts:  On Monday, January 31st, Anglo Irish Bank are going to pay out on a maturing bond worth €750 million. (For reference, the total cut […]

Reading List

Today’s FT carries op-eds by Lorenzo Bini-Smaghi on the costs of sovereign default (here) and by Klaus Regling on the feasibility of monetary union without fiscal union (here). This week’s Economist compares Iceland and Ireland here.