Trichet dangles privatisation spoils to banks voluntarily rolling over Greek bonds!

Everybody is entitled to put their own interpretation on the spoken word in response to a very specific question. Asked about credit events and private involvement in the Greece crisis, Trichet responded talking about the private sector possibilities represented by Greek privatisations. This occurred moments ago at the ECB press conference following the ECB decision to leave euro interest rates unchanged.

The message for me was clear, therefore I repeat my summary contained in this posting's headline "Trichet dangles privatisation spoils to banks voluntarily rolling over Greek bonds!"