Injury Tango of the bond to open Isabella Bufacchi comments - Saturday, October 27, 2007 (omissis. ..) The default brought out astonishing figures: 450 thousand Italians held 14500000000 of dollars of Argentine debt. No other country in the world did this show at "retail." Paradoxically, at the time of the moratorium, the Italian banks were exposed with their wallets for only a few hundred million dollars. This phenomenon, which disqualifies the Italian financial market square in the eyes of the most advanced in the world, was explained by those tones where academics often take refuge Italy when he is wrong for sale: investors had become accustomed to double-digit returns BoT years of high inflation and did not know the meaning of "real return" did not know what was the rating detail ignored by many employees at the counter of the bank's investment policy. And so on. (Omissis. ..)
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