FALL 2015
competitive and ultimately worsened
its already bad recession. These factors
are all critically important in Greece’s
need to acquire other forms of financing.
What makes November 10, 2009 a
particularly fatal day lies within the international bond market. While bond trading may not be highlighted in the media
as heavily as stock trading, bonds play a
crucial role in fundraising for companies
and governments. Bonds are essentially
an I.O.U. that offer interest base