EAB's Choudhry on Derivatives, Speculation

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March 9 (Bloomberg) -- Moorad Choudhry, head of Treasury at Europe Arab Bank Plc, talks about credit default swaps and the role of derivatives in the Greek debt crisis. Greece's Prime Minister George Papandreou and other European leaders have blamed speculators for much of the surge in Greek financing costs, rather than the country's budget gap of more than four times the European Union limit. Choudhry talks with Bloomberg's Francine Lacqua and Rishaad Salamat in London. (Source: Bloomberg)


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