Search
  • A Finance Podcast
  • Home
  • Blog
  • Stuff I like
  • Hit me up on LinkedIn, bro
  • My Twitter visualized
  • Contact
Close
Menu
Search
Close
  • A Finance Podcast
  • Home
  • Blog
  • Stuff I like
  • Hit me up on LinkedIn, bro
  • My Twitter visualized
  • Contact
Menu

finansakrobat

September 3, 2012

Could we see truckloads of money heading for Greece?

by finansakrobat


Photo by: brunomiranda

Photo by: brunomiranda

Photo by: brunomiranda

Photo by: brunomiranda

Even though the world seems to not really care much about what happens to Greece lately (since it's no longer affecting the global markets), the country is very much in dire straits.

Now it appears that Bank of American has some pretty amazing strategies in store - just in case the country defaults, in this story from The New York Times:

Bank of America Merrill Lynch has looked into filling trucks with cash and sending them over the Greek border so clients can continue to pay local employees and suppliers in the event money is unavailable. Ford has configured its computer systems so they will be able to immediately handle a new Greek currency.

Source: The New York Times

Comment

  • Previous Post
    Insomniacs love Jim ...
  • Next Post
    Behind every oligarch, ...

Powered by Squarespace 6