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Buygold @ 8:49

Posted by ipso facto @ 11:31 on November 15, 2014  

You can be sure that the European banks hold billions in Ukraine debt and aren’t really in a position to take big losses. The US likely holds a bunch too.

I don’t know if Soros would take a loss too. That part wouldn’t break my heart. 🙂

Here’s one entity taking a hit

Franklin Templeton’s Ukraine bond bet in the red

By David Oakley, James Mackintosh and Delphine StraussAuthor alerts

Franklin Templeton, the global fund management group, has suffered losses on multibillion dollar positions in Ukrainian debt.

Ukrainian bond yields, which have an inverse relationship with prices, have risen sharply in response to instability in the country as concerns have mounted that it is heading for civil war.

http://www.ft.com/intl/cms/s/0/549f5eae-9a57-11e3-8e06-00144feab7de.html#axzz3J9iTJeeB

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.