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overtheedge
Member since May 2012
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Panicked Hedge Funds Now Praying for a Miracle in Greece - Wolf Richter -

"... and the silly game theory ..."

Obviously you have no knowledge of game theory and its applications. Otherwise you wouldn't have used the above term.

Commented 3221 days ago

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Beginning of the headline :“The Bank of Greece governor confirms the stability of the banking system, which is fully secured by the joint actions of the Bank of Greece and the European Central bank,” the Bank of Greek announced on June 19. After chaotic emergency meetings, this weekend culminated, for this Greek banking system, with an ECB press release that contained this harmless-sounding but deadly line: Emergency liquidity assistance maintained at Friday’s (26 June 2015) level. It meant no more cash for Greek banks fr... Read More

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