Alcatel-Lucent (ALU) Message Board

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Technology Stocks : Alcatel-Lucent (ALU)

ALU 3.460

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Mar 3 4:00 PM EST

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From: Sidney Reilly	1/14/2012 3:43:29 PM
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Do you think Greece defaulting on it's debt is going to have that much effect on the EU and/or ALU? I was surprised to hear on the news that the amount that Greece may default on is only $100 billion dollars. That might be a lot to Greece but it's chicken feed in the scheme of things. The banks holding the debt are worth far more than that. Obama has given away much more than that in corporate welfare. I think the whole debt crisis fiasco is way overdone. The news has become a flock of clucking chicken littles. There have been defaults in the past and they just refigure the loans. It's happened to Mexico and Argentina if I remember right.

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