Prof. Jayanth R. Varma’s Financial Markets Blog

A blog on financial markets and their regulation

Greek bond issue

That Greece could borrow money at all (even if it is at 3% above
the risk free rate) seems to have calmed the markets a great deal. I
am reminded of this piece of Rothschild wisdom:

You are certainly right that there is much to be earned from
a government which has no money. But you have to take risks.

That is James Rothschild writing to Nathan Rothschild nearly two
centuries ago as quoted by Niall Ferguson, The House of
Rothschild: Money’s Prophets 1798-1848
, Chapter 4.

Advertisements

One response to “Greek bond issue

  1. Rebecca March 9, 2010 at 3:32 pm

    Dear Jayanth,

    We at Seeking Alpha think your blog is great and would love to have you join our team. Please contact me at contributors@seekingalpha.com.

    Thanks,
    Rebecca

    About Us
    Seeking Alpha (www.seekingalpha.com) is the premier financial website for actionable stock market opinion and analysis. Handpicked from the world’s top blogs, money managers, financial experts and investment newsletters, Seeking Alpha publishes more than 250 articles daily. Seeking Alpha gives a voice to over 2500 contributors, providing access to the nation’s most savvy and inquisitive investors. The award-winning site is the only free, online source for over 3,000 companies’ quarterly earnings call transcripts including all of the Russell 3000 Index. Seeking Alpha has 40 million page views each month and combined with their distribution partners (Yahoo Finance, Google Finance, Reuters, Bnet, Etrade and others) has a total reach of 50 million unique monthly readers. Seeking Alpha was named the Most Informative Website by Kiplinger’s Magazine and received Forbes Magazine’s ‘Best of the Web’ Award.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: