Hints and tips:
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...No surprise to see GMO et al flag up “impact on third parties” from the start....
...So it’s not surprising that the first response from Buchheit et al is to answer back with bits of the bond contract that suggest sneaky loopholes instead....
...Again, it was all a bit vague in the courtroom, but one idea seemed to be giving NML et al whatever the backlog of 11 years of payments was, and then paying them at the EBG rate thereafter....
...According to Cassola et al. (2009), banks submitted more aggressive bids in order to make sure that they receive at least a minimum level of liquidity....
...Supreme Court’s historic finding in the case of Rasul et al v....
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