BLOOMBERG/ Ye Xie /
Jonathan Binder, chief investment officer at Consilium Investment Management in Fort Lauderdale, Florida, won a bunch of money for his clients in 2001 betting that Argentina would default.
Now he believes that Greece, Portugal and Spain will restructure debts and leave the eurozone and he's betting against them and also Belgium and Italy- with credit default swaps.
He's not alone. Pimco honcho Mohamed El-Erian
( pictured) also expects countries to exit the 16-nation euro zone.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.