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   Investment Thoughts - Quotes on the Fly

...on Greece, Treasury and the Partheon
Quote

 

"Unfortunately, unlike U.S. banks that can seize property from borrowers who default, Germany cannot foreclose on Greece and take back the Parthenon, which interestingly was once used by the Greeks as their Treasury."

 

 

FPA Capital Fund, Inc., Quarterly Commentary, 2nd Quarter, June 30,2012

30.06.2012