EU-Greece contingency plan ‘prudent but unlikely’ European ministers stressed yesterday that a contingency plan for saving Greece from bankruptcy with emergency loans was “simply prudent planning and was unlikely to be enacted.”>>
OPINION George M. Mangion Insight on Lehman Brothers’ demise Hot on the heels of the Madoff scandal we now have a damning report issued by the examiner of Lehman’s bankruptcy, and it does not make for bedtime reading. Lehman’s bankruptcy can best be described as the iconic event of this financial crisis just as Enron’s implosion defined the start of the dot.com meltdown. >>
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