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ECB Expected to Buy More Bonds if Crisis Worsens

By Gene Deetz

Navigant’s Gene Deetz, a Managing Director in the Disputes & Investigations practice in Navigant's New York and London offices, appeared on Bloomberg Television’s “Countdown” with Linzie Janie and David Tweed.  Gene discussed France's credit rating and the European Central Bank's (ECBs) role in taming the sovereign-debt crisis.  He also provided his perspective on how the European Crisis will play out and whether or not the recently developed deal will work.  Gene said, “I don’t know if it’s going to work or not.  The market is very nervous about it. So the market is the real force here, and the market thinks they need the ECB to be the lender of last resort to the soverence as well as the lender of last resort to the banks and until they get some clarity around that I think we’ll have a great deal of uncertainty.”

Click here to view the full segment on Bloomberg TV.

Perspectives

Mediterranean Meltdown

Navigant’s UK experts look at what a Eurozone default would mean for the continued operation of your business, and preparations you can make to minimise the impact.

 Article / White Paper

Experts

Gene Deetz

Mr. Deetz serves as Managing Director in the Disputes and Investigation practice. He provides expert witness testimony and conducts valuations of business interests, intangible assets, private equities and complex structured financial products.

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