Καποια ονοματα… και ΜΙΑ ΑΛΗΘΕΙΑ !

No deal: The hedge funds blocking Greek bailout

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York Capital Management

The group, which is housed above an Apple store in New York,

has $14bn (£9bn) in assets. It was founded in 1991 and is part-owned by the Swiss banking group Credit Suisse. Founder and senior managing director Jamie Dinan has a reported net worth of about $1.2bn.

Marathon Asset Management

Another New York fund, Marathon describes its “core competency” as
“distressed and situational investing”. The 14-year-old, $10bn firm, founded by CEO Bruce Richards, is a member of the private sector creditor-investor committee, which is involved in protracted negotiations with the Greek government.

Och-Ziff

One of the largest hedge funds in the world, it manages about $28.4bn for its clients. Listed on the New York Stock Exchange in 2007, the fund was founded in 1994 by Daniel Och with support from the Ziff family. Mr Och spent 11 years at Goldman Sachs before forming the fund, a joint owner of the Peacocks retail chain.

GreyLock Asset Management

GreyLock claims to have dealt with $75bn of sovereign and corporate debt since it started operations in 1998. It is run by Hans Humes, who represented around $40bn of interests while Argentina’s balance books were being restructured.

Vega Asset Management

Formerly one of Europe’s largest hedge funds, Vega is not as powerful as it was but still unsettled markets when it threatened to sue Greece if restructuring of its debt made losses too big for its liking. Founded in 1996 by a former trader at Banco Santander, it resigned from the steering committee and demanded that at least half of Greece’s debts be repaid.

- Fitch’s Sovereign and Supranational Group in Europe, Edward Parker : “It clearly is a default, however they try to spin it”
ΚΑΙ ΤΩΡΑ Η ΟΜΟΡΦΙΑ…!!!
- “Who will lose out if the insurance is paid out????? ” he said.
- “The two biggest issuers are Goldman Sachs and AIG.

They are effectively being given a bailout by not allowing Greek debt to default. Seven Goldman Sachs ex-employees are in European Union governments. This is crony banking at its worst.”- χαχαχααααααααααααααααααααααααααααχχααα ΠΑΠΑΔΗΜΟΣ !!!

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