Showing posts with label people - Skrainka; Alan. Show all posts
Showing posts with label people - Skrainka; Alan. Show all posts

May 15, 2010

Alan Skrainka on the European bailout of May 2010

One trillion dollars is a big number. This is enough to buy all of Greece's debt twice, with enough left over to buy all of Portugal's debt. It was meant to remove any potential for contagion. Problem solved.

~Alan Skrainka, Chief Market Strategist, Edward Jones, "They Said What? European Bailout", Barron's magazine, May 15th, 2010