"The ECB should start charging '2 & 20,' because who else can buy bonds at 80 (euros on the...

|By:, SA News Editor

"The ECB should start charging '2 & 20,' because who else can buy bonds at 80 (euros on the dollar), ride them down to 25 and claim they made a profit," says Peter Tchir of the reported ECB plan which assumes profits on its holdings of Greek paper.