Fri, Oct 21 2011
Banks raise Greek haircut offer to 40 percent in talks: source
FRANKFURT (Reuters) - Bankers have offered to stretch the voluntary haircut on Greek debt to 40 percent, while politicians demand the private sector agree to writedowns of at least 50 percent, senior German banking source said on Sunday.
FRANKFURT
Sun Oct 23, 2011 12:49pm EDT
link-
http://www.reuters.com/article/2011/10/23/us-banks-haircut-idUSTRE79M2HW20111023