Tuesday, February 21, 2012

Jonathan Tepper on the Greek Bailout Deal

Jonathan Tepper of Variant Perception tells CNBC: "I think that if you look at the best case scenario for Greece, put forward by the ECB and the IMF, you are looking at essentially 120% debt to GDP ratio, so clearly getting the private sector involved leaves Greece with an enormous debt burden that it can't possibly service properly."

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