Are Dominique Strauss-Kahn's troubles creating a buying opportunity? This pro says yes.
Andrew Busch, global currency and public policy strategist for BMO Capital, believes the reaction to the arrest of Strauss-Kahn, managing director of the International Monetary Fund, is "way overblown." Talk that Strauss-Kahn's incarceration will push Greece to default, which is weighing on the euro, is off base, he says.
Greece "is not going to be a hard default by any stretch of the imagination," Busch told CNBC's Melissa Lee. "They can't afford it and the rest of Europe can't either."