Hedge funds seek rich pickings from Greek crisis

Reuters – Hedge fund managers are sifting through the rubble of the deepening Greek debt crisis to find money-making opportunities, though political uncertainty makes it a risky business.

Executives at the annual GAIM conference in Monaco said they were eyeing Greek sovereign or corporate debt, while emerging markets also offered a safer haven away from worries that the euro zone is close to its first sovereign debt default.

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