The FT said that authorities are close to accepting a partial Greek default in order to progress to a more permanent solution.
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Google was never a convicted monopolist who forced everyone to default to Internet Explorer in order to kill off Netscape by any means necessary.
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When you give your broker that sell order, the default rule--meaning the one he'll use if you don't specify otherwise--is first in, first out.
And the way we pay for it is by doing more on deficit reduction than the plan that we had to come up with right at the last minute in order to avoid default.
While the line between voluntary and compulsory becomes blurred in a situation like this, the public sector will have to secure commitment from banks and other private sector creditors in order to avoid default.
FORBES: Europe's Fate Hangs From A Thread Ahead Of Greek Confidence Vote
As leaders prepared to tax bank deposits in order to prevent a default, citizens panicked and caused a run on the banks.
In order to stave off default by one or more large countries like Spain or Italy (and possibly even France if either of those do fall over) someone, somewhere, needs to purchase large amounts of the bonds of those two countries.
Instead, they and everyone else in the administration will talk up the risk of a default over the next six weeks in order to put pressure on the Republican leadership to pass a "clean" bill authorising a higher debt limit, rather than insisting on spending cuts in return.
By default, the list is displayed in alphabetical order -- although shows that start with "The" are incorrectly listed with the Ts -- but you can also reverse that order, or sort by date (newest to oldest, or oldest to newest).
But in order to investigate, potentially declare a default and maybe launch lawsuits, holders of the securities like Beal need at least 25% of the voting rights in a trust.
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The features provided by its Hopper DVR are not default features and a viewer has to engage with the system in order to record primetime shows and watch them ad-free.
We are also pragmatic and realistic and committed to the notion that we absolutely must take action before August 2nd in order to not create a situation where the United States could default on its obligations.
Customers who ordered the 8GB Modbook Pro EnergySaver dual-channel memory kit can either upgrade to the 16GB option or switch to the 8GB default RAM configuration and have the charge for the 8GB EnergySaver RAM credited to their order.
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They could include, in no particular order of probability or potentially devastating impact on the stability of financial market, default by Greece, exit by Greece from the eurozone or a much more generous rescue deal.
In order to truly become Iceland, then, Cyprus is going to need to devalue and default.
FORBES: Links 25 March: Sense In Cyprus, How To Deal With Both Deposit Insurance And Moral Hazard
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