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Thursday, 18 November 2010

Contagion fears grow over ‘too big to bail’ Spain


10:07 |

FT.com / Capital Markets - Contagion fears grow over ‘too big to bail’ Spain: "For some of the world’s biggest hedge funds, typically regarded as the savviest traders in the market, there is now one big question facing the eurozone: what is going to happen to Spain?
While Europe’s politicians are grappling with the crisis unravelling in Ireland, hedge fund managers are already turning their attention to the issue of how – and if – a peripheral crisis in Ireland could leap via Portugal and Spain to become a systemic crisis for the eurozone as a whole."


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