by Calculated Risk on 7/11/2010 05:35:00 PM
Sunday, July 11, 2010
Trillions of Bank Debt coming due
Here is the Weekly Summary and a Look Ahead (it will be a busy week).
And some more on bank debt coming due (yesterday the WSJ has a brief article on this) ...
From Jack Ewing at the NY Times: Crisis Awaits World’s Banks as Trillions Come Due
Banks worldwide owe nearly $5 trillion to bondholders and other creditors that will come due through 2012, according to estimates by the Bank for International Settlements. About $2.6 trillion of the liabilities are in Europe.And an answer to some questions on sovereign default:
Last week: