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Holland & Co on EFSF leverage plan‎

  • 6:55
  • Published On: November 08, 2011
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Mikel Holland, chairman of Holland & Co, says Timothy Geithner's proposed idea to leverage the region's roughly $600 billion bailout fund, is dead on arrival. The fund, known as the European Financial Stability Facility, has between 250 billion to 275 billion euros still available after bailouts for Greece, Ireland and Portugal.
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