Question: There are many parallels between companies and countries when it comes to defaults. How is the Greek sovereign debt default similar to the collapse of

There are many parallels between companies and countries when it comes to defaults. How is the Greek sovereign debt default similar to the collapse of World Com? How does it differ? Discuss how the accounting numbers and statistics are created, disseminated and verified in the case of the country of Greece compared to a publicly traded company in the US.

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