Greek THREAT to DEBT Holders - Greek Crisis

Guardian Live - Euro: Reports from the NYT that the new Greek PM, Lucas Papademos has threatened to pass a law through the Greek Parliament that would force debt holders to take a haircut of Greek debt. This is might be an empty threat folks, as this would surly invoke the insurance on that debt held by the hedge funds, in Greece would have defaulted. This talks will go down to the wire folks, also the Troika if they have their eyes open will not be that impressed with the Greek austerity sell off, the Greeks have managed to only sell 1 billion of their assets out of over 50 billion. Yes folks that Greek horse is hollow as Greek promises.