Commentary: No one knows who will be hurt if Greece defaults
By Brian Edmonds
June 24, 2011, 5:10 p.m. EDT
NEW YORK (MarketWatch) — While many investors are focused on the precarious situation surrounding Greek debt, and whether the rest of the so-called PIIGS (Portugal, Italy, Ireland, and Spain) might follow closely behind, there is a less-publicized yet equally dangerous element in the mix:
If Greece defaults, who will be holding the bag?
Full story:
http://www.marketwatch.com/story/the-us-is-too-big-to-fail-right-2011-06-24
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