All posts tagged "default"

  • Carmen Reinhart - Harvard University
    Carmen Reinhart: Don’t Discount Cyprus

    Harvard University professor of economics Carmen Reinhart, co-author with Kenneth Rogoff of This Time Is Different: Eight Centuries of Financial Folly was on hand with CNBC’s Simon Hobbs and Melissa Lee yesterday commenting on the Cyprus situation....

    • Posted March 22, 2013
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  • John Dorfman - Thunderstorm Capital
    John Dorfman: Greek Default Not the End of the World

    Greece has defaulted or restructured five times since 1826, John Dorfman, chairman of Thunderstorm Capital, told Nightly Business Report’s Tom Hudson on Friday. So this is the sixth default, or restructuring for Greece, Dorfman said.  The previous...

    • Posted June 18, 2012
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  • Meredith Whitney Sees Muni Defaults Coming

    Meredith Whitney was on CNBC this morning discussing her views on municipal bonds. Whitney doesn’t see a state defaulting, but does anticipate problems in the local municipalities, where she sees both defaults and severe cutbacks in municipal services....

    • Posted January 12, 2011
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  • Futures Slammed as Dubai Debts Weigh on World Markets and Dollar

    The country of Dubai rattled world markets today as its mad spending spree has led to a major debt scare. Dubai, with debts thought to be $60 billion, has asked to postpone repayments until May. That stoked...

    • Posted November 27, 2009
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