Who Loaned Money To Greece, Anyway? : Planet Money We found a guy — a hedge fund manager who bought Greek bonds. He explains why working out a deal on Greek debt is so complicated.
Who Loaned Money To Greece, Anyway?
It's the 11th hour for Europe's debt crisis. Again.
Greece still can't pay back all the money it owes. So it's trying to cut a deal with its creditors. (Again.)
We've been wondering for years: Who are the people who loaned money to Greece? Are they suckers? Brilliant investors?
On today's podcast we find someone who loaned Greece money: Hans Humes. He runs a hedge fund called Greylock Capital Management. Turns out, his office is just a few blocks away from ours.
Humes is one of the guys trying to hammer out a deal with Greece. He explains just how complicated the negotiations are — and how, even among people who loaned Greece money, there are huge divisions.
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