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What does a company earn from buying sovereign debt?

 
 
Reply Mon 6 Oct, 2014 01:36 pm
There is a USA based company raising money to buy portions of the Greek sovereign debt. Actually, it seems like one guy is running the company and he has the support of other wealthy suspicious types in Greece and abroad. What does he get out of it? Except the possibility of running away with the money.
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Type: Question • Score: 0 • Views: 211 • Replies: 1
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bobsal u1553115
 
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Reply Mon 6 Oct, 2014 02:03 pm
@questionguy12,
Interest.

There is risk. Its tied to two currencies.
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