Sunday, November 29, 2009


BANZAI7--The Greek government is trying to sell at least EUR25 billion ($16.7 billion) worth of bazouki bonds to Chinese banks as part of its efforts to refinance the country's massive public debt, a person familiar with the situation said Friday. The Bond offering would be secured by a first mortgage on the Parthenon and a perpetual right to use all of the Greek Islands during the peak Holiday season.

"Greece has been in touch with Chinese banks," the person, with direct knowledge of the situation, told Dow Jones Newswires. "The Chinese banks have great expertise financing gargantuan Olympic projects and are interested in shipping the Parthenon for use as a Macau sauna facade."

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