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Lost Monkey prop desk (really? Prop desk ! ugh !) talking about Greek $40 Billion off balance sheet debt

 

Last week's news you douche

 

Funny thing

 

I hear US banks have a little bit of this OBS debt.....Shittibank has about $300 BILLION if I recall

 

UFB

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Wow,Muni's had the best day of 2010 today.....

 

I was just hoping they would not get dragged down.

Pennsylvania Capital City Harrisburg Has Bankruptcy Option

 

Feb. 4 (Bloomberg) -- Harrisburg, the capital of Pennsylvania, will consider Chapter 9 bankruptcy protection along with tax increases and asset sales as options to address $68 million in debt service payments due this year.

 

The city is already in danger of legal action for payments that were missed last year on $288 million in debt it has guaranteed with its full faith and credit.

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