"Fleeced"? How about "Raped, drawn and quartered and the remains burned to an ash"?
I'll warrant a lot of these derivatives bet (and I used that term advisedly) against the Eurobonds failing, and we all know how that's going to turn out.
On second thought, maybe we don’t have to worry. No doubt there are derivatives that bet that these derivatives will fail.
Tongue only slightly in cheek.