You may have a right to property. But when you invest your money, you assume all risks associated with that investment, including bankruptcy and any subsequent judgements- whether your investment is in Greece, bad real estate, or Eastman Kodak.
[F]und managers are considering a fight against what they believe would be a violation of human rights law, arguing that their rights to property would be infringed by a write-down of Greek debt.
I wonder what those think who repeatedly have shed crocodile tears about investors' "productivity" as opposed to what they label an "entitlement" attitude of the less fortunate.
“The problem with quotes on the Internet is that it is hard to verify their authenticity” - Abraham Lincoln.
