Orin Kramer
Orin Kramer
Orin Kramer is an American hedge fund manager and founder of Boston Provident LP...
assume board hardly regard sovereign
The announcement is hardly surprising, but I wouldn't necessarily regard it as definitive. I don't assume that the Sovereign board can unilaterally make these decisions.
creates exaggerate fiscal impossible magnitude means tough virtually
It actually would be virtually impossible to exaggerate the magnitude of the state's fiscal problem. And the governor-elect means what he's said about campaign-finance reform. And that intrinsically creates a very tough agenda.