About Us  |   Contact Us  |   Register  | Login  |   

Follow HedgeWorld on Twitter HedgeWorld on LinkedIn




Archive for the ‘The Debt Crisis’ Category

Nouriel Roubini talks Greek creditor debt talks on Bloomberg TV

Friday, January 20th, 2012

New York University professor and economist Nouriel Roubini, who predicted the 2008 financial crisis, talks Greek debt with Bloomberg TV’s Margaret Brennan. He discusses the prospects for an accord between Greece and its private creditors, which include banks and hedge funds.

“… [E]ven if they reach an agreement, but even if they reach an agreement, there’ll be so many holdouts that then they’ll have a problem…,” Roubini says.

Watch this excerpt of the full interview below.

Update: Greylock Capital’s Hans Humes tells Margaret Brennan he’s cautiously optimistic that Greece and its creditors will make a deal.

Greylock Capital Management’s Hans Humes on Greek debt talks

Friday, January 13th, 2012

Hans Humes, president of Greylock Capital Management talks with Bloomberg TV’s Margaret Brennan about a halt in the talks between Greece and its creditors after negotiations in Athens failed to yield an agreement.

“You could say there’s a bit of an impasse right now,” Humes said. “I think the issue at hand now is, the creditors have really given a lot of ground. … The sticking point is coming down to what the interest rate would actually be on the new bond, and then some of the structural elements.”

BlueCrest founder Michael Platt interviewed on European banks, debt crisis

Thursday, December 15th, 2011

Michael Platt, founder of the $30 billion hedge fund BlueCrest Capital Management LLP, talks about the European debt crisis, euro-zone banks and investment strategy. He spoke with Erik Schatzker and Stephanie Ruhle on Bloomberg Television’s “InsideTrack.”

“The level of concern of what we have about what is going on in Europe is absolutely huge,” Platt said. “I mean, you see evidence all over the markets these days that the pricing for the potential of a eurozone break up, is distinctly non-zero, contrary to what everything is said by policy makers and by central bankers. … [I]f you look at the debt of, say, Italy, at 120% of GDP, which is increasing at a real rate of 5% … and you look at the GDP, which is now forecast for next year to be declining at 0.5%, arithmetically that means that debt is going to blow up.”

Reuters Insider: U.S. debt crisis imminent, Euro Pacific’s Schiff says

Friday, December 9th, 2011

Peter Schiff, chief executive and chief global strategist at Euro Pacific Capital, tells Reuters that the United States faces an imminent debt crisis that will make Europe’s problems look a “sideshow.”

“I think the sovereign debt problems in America are much bigger than the ones in Europe, collectively,” Schiff says. “I think it’s very imminent. In fact, if it weren’t for the problems in Europe, it would probably already be here.”




Contact Us:    About Us   Privacy   User Policy  Legal Disclosure Copyright/DMCA  Site Map    FAQ    Glossary  Reuters for Hedge Funds
All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of HedgeWorld content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. HedgeWorld is a registered trademarks Thomson Reuters.