Last week, Greece officially defaulted on its debt. (Unofficially, it defaulted long ago.) This formal default on about $100 billion triggered payment of $3 billion in credit-default swaps. These are the non-insurance insurance products that pay off in the event of a default.
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Source: http://feeds.washingtonpost.com/click.phdo?i=654088fc392c461e070318b7f37eaea6
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