things to work on - TDL

[Eric Tang]

In order to start the project, I think we can break it down into
several parts. Each part is done by one or two person.

Prelude (target date to finish ToBeDetermined TBD)
1. PowerPoint template draft

Data and information gathering
2. History of Greece debt crisis - gov debts, EU requirement,
Goldman's swap, etc (TBD)
3. Timeline of the crisis - bond rates / yield changes (TBD)
4. EU rescue plan & Greece (TBD)
5. Current update - sales of new bonds, bond rates/yield (TBD)

Data Analysis
6. Summary & results (TBD)
6. PowerPoint - final (TBD)

We can talk about it this evening if you were in the class.

Eric

[Colman Yeung]

2 Alan
3 Colman
4 Brian
5 Eric

Sent from my iPad

[koyung2]

Dear All,

Please also see the attachment.

Best regards,

Brian Yung

[koyung2]

Dear All,

Please see the part responsible by me regarding the EU rescue plan.

[Eric Tang]

Brain,

Thanks. As I know IMF has played an important role in the rescue planning. So it will be more complete if IMF's contribution is counting in.

BTW, US also reopen the SWAP line for Greece during the crisis, helping the Greece bond yield to drop.

Eric

> <Brian - Rescue plan summary.doc>

[koyung2]

Dear Eric,

Thank you for your comment.

I think IMF already counted in, please see the quote below:
__________________
On 2-May-2010, the Eurozone countries and the International Monetary Fund agreed to a €110 billion loan to Greece with 5% interest, conditional on the implementation of harsh Greek austerity measures. The deal consisted of an immediate €45 billion in loans to be provided in 2010, with more funds available later.
__________________

For the US reopen the SWAP line for Greece during the crisis, I will check again and add the information in later.

Thanks a lot.

[koyung2]

Dear All,

I just add something more in my work.