UN Votes On Global Bankruptcy Process As Key Greek Questions Remain Unasked

Mark Melin

Published onJuly 28, 2015

Updated on May 13, 2021

As the UN voted to approve global bankruptcy principles for sovereign debt passed Tuesday – and economist Joseph Stiglitz delivered a key note speech with some harsh words for the Greek deal – the questions that are being whispered in UN and IMF corridors most commonly center on “why?”

Stiglitz questions sustainability of Greek deal as behind the scenes question being asked is “why?”

With a Greek delegation...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

UN Votes On Global Bankruptcy Process As Key Greek Questions Remain Unasked

Stiglitz questions sustainability of Greek deal as behind the scenes question being asked is “why?”

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