Chief Executive Officer: Let recognize we’ve had three years to prepare, Hodge, whose firm oversees about $1.59 trillion in assets, said at a conference in London on Thursday, according to Bloomberg. This has been a soap opera. Chief Executive Officer Douglas Hodge said investors have had enough time to prepare themselves for a possible Greek default. Private capital has had ample opportunity to position itself for Greece defaulting. German Finance Minister Wolfgang Schaeuble has said he drafting contingency plans for a breakdown in talks, signaling the country is preparing for a possible default. European stocks fell for a second day as the region finance chiefs gathered in Luxembourg to work on an agreement for as much as 7.2 billion euros in bailout funds for Greece.
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