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Haircut Negotiations Hedge Funds Bet on Profits from Greek Debt Talks

The negotiations over the Greek debt haircut are becoming increasingly suspenseful, with euro-zone finance ministers and the IMF pushing investors to accept greater losses. Hedge funds, more than any others, stand to profit, and are betting that the voluntary debt rescheduling will fail.
On the floor of the New York Stock Exchange, where halting negotiations over Greece have strained business.

On the floor of the New York Stock Exchange, where halting negotiations over Greece have strained business.

REUTERS
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