{"id":26698,"date":"2011-06-13T16:00:07","date_gmt":"2011-06-13T16:00:07","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/in_greece_some_see_a_new_lehman\/"},"modified":"2011-06-13T16:00:07","modified_gmt":"2011-06-13T16:00:07","slug":"in_greece_some_see_a_new_lehman","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=26698","title":{"rendered":"In Greece, Some See a New Lehman"},"content":{"rendered":"<p>&#8230;the comparisons between Greece and Lehman grew more frequent last week as global markets reeled, spurred in part by the view that Germany\u2019s insistence that private investors participate in a second rescue package for Athens would overcome the objections of the European Central Bank.<\/p>\n<p>\u201cIt is a valid concern,\u201d\u009d said David Riley, head of sovereign ratings at Fitch. \u201cThe Rubicon would be crossed \u201d\u201d we would have a sovereign default event and that can be quite a shock, not just for the peripheral countries but for Spain and beyond.\u201d\u009d<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2011\/06\/13\/business\/global\/13euro.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;the comparisons between Greece and Lehman grew more frequent last week as global markets reeled, spurred in part by the view that Germany\u2019s insistence that private investors participate in a second rescue package for Athens would overcome the objections of<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=26698\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,460,595,592,149,591,200,590,454,585,596],"tags":[],"class_list":["post-26698","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-credit-markets","category-currency-markets","category-economy","category-euro","category-europe","category-european-central-bank","category-greece","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/26698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26698"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/26698\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}