At the ICMA international conference held this week at the Palais Brongniart, professionals dismissed the possibility of an unthinkable US default. Off the record, however, some admitted to having prepared for this eventuality, as negotiations on raising the debt ceiling drag on, but seemed on the verge of a breakthrough this Friday morning....
U.S. default drives Paris conversations
ICMA's 55th annual conference attracted some 1,000 participants this week in Paris.