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|User Info||The Fly In The Greek Ointment; entered at 2012-02-21 10:21:57|
So who gets to host the escrow account? a Greek bank? London? MF Global? Who would you trust to not play shenanigans with the escrow money? |
And why are they messing around with escrow anyway? Why not just call a spade a spade and ask for three months prepayment of all interest? Amounts to the same thing.
Or does the escrow host gets to make some bank on the flow of large amounts of cash. More $$$ for the banksters? hmmmm.