Default

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fail to pay up

Greece: The upside of default - BBC News
It now seems inevitable that Greece will default on its debts, with all sorts of disastrous scenarios being discussed, particularly if it has to leave the euro. But I know from my experience of working with Jubilee 2000 to "drop the debt" of ... Read more on this news related to 'Default'
Default Swaps in U.S. Rise as Greece Prepares for a New Election - Bloomberg
A gauge of U.S. corporate credit risk increased as a Greek caretaker government will prepare new elections probably on June 17 that may decide whether the country should remain a euro member. The Markit CDX North America Investment Grade Index ... Read more on this news related to 'Default'
In the Spotlight: Boehner draws his sword to incite a crisis on default - Sacramento Bee
John Boehner thinks it's kind of funny. "It struck me as somewhat comical," he told reporters Thursday morning, "that, you know, people are looking to me like I'm the guy carrying a sword around town, I'm going to bludgeon someone." Well, Mr ... Read more on this news related to 'Default'