(BN) Greece Bank Creditor Group Says Talks ‘Paused for Reflection’

Posted by on Jan 13, 2012 in Uncategorized | No Comments

Paused for “reflection”?  Does reflection mean check in with your lawyers what rights you have if they default?  Or does reflection mean call the office and short stocks?

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BN 01/13 15:15 *IIF SAYS TALKS ARE `PAUSED FOR REFLECTION;

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Greece Bank Creditor Group Says Talks ‘Paused for Reflection’

2012-01-13 15:19:37.640 GMT

By Keith Campbell

     Jan. 13 (Bloomberg) — The group representing Greece’s bank
creditors said talks with the government have “paused for
reflection” after the discussions failed to produce a
“constructive consolidated response by all parties.”
     The Institute of International Finance said it wants Greece
to “re-engage constructively with the private sector” in an e-
mailed statement.

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k.campbell@bloomberg.net