Has a Restructuring Credit Event occurred with respect to Hellenic Republic?
Vote result: No (!!!!) . 15 "NO" votes - (And not a single 'Yes')
But who vote on this EMEA Determinations Committee?
Bank of America Merrill Lynch
Deutsche Bank AG
JPMorgan Chase Bank, N.A.
Citadel Investment Group LLC
D.E. Shaw Group
Elliott Management Corporation
i.e. as far as I can tell, big banks likely to have a net SELL position in Greek CDS i.e. the ones who sold the insurance are the ones deciding whether there's been an accident or not. It beggars belief!