I had to impression that the ECB had taken the 'more toxic' GGBs as collateral and even that they had bought them and are now the owner? Are there...
Martinghoul, Thank you for the link. I understood the ECB has/is making loans to Greece/Greek banks using defaulted bonds as collateral, though it...
A lot of hedge funds, banks, etc who have blown up would have agreed that it doesn't make sense to allow for a Black Swan, some would even have...
Exposure-at-default (EAD) is one analysis ( probably incorrect ), does anyone have to hand total exposure by country? How does the ECB...
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