nourielroubini talking tbiGreece's private creditors should
really stop complaining about an upcoming bond swap, argues
economist Nouriel Roubini in a column published today in the FT.
Greece's creditors have been miffed about swapping their old
bonds for new ones with a lower face value and longer maturity
as part of a selective default meant to reduce the country's
debt burden.  But Roubini suggests that such thinking is narrow-
minded. Not only do the sweeteners actually increase the value
of creditors' current debt holdings, but the official sector
will be forced to bear the burden of inevitable future
restructurings. Therefore, they should really see that they "are
the lucky ones" in this  economic tragedy.  Roubini details a
handful of reasons why Greek bondholders should really count
their lucky stars:    • The plan will include €30 billion ($39
billion) for upfront cash sweeteners on the new bonds, a
guarantee that they will still be valuable.    • New bonds will
be issued under English law, not Greek