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So when's this Greek Referendum supposed to take place?

Not in this case. He's saying it will go up unless it goes down. ;)

Story requires character and few today would enjoy the painful process of being reminded how much character they do not have.

I've been writing code since 1979. First BASIC on the school mainframe, then on Commodore PETs, then Apples IIs, My first real job was writing games in x86 assembly. I've even worked for Microsoft for several years as an FTE. I have the credentials to speak. Lucias's post below is pretty...

Spot on. "Powered by the Euronews" I would add.

"If guns kill people then pencils misspell words, cars make people drive drunk and spoons made Rosie O’Donnell fat." - Author Unknown

Guess the other "european countries" were either just too stupid to know which end is up or too damn lazy to read the docs, is that what you claim? I mean, it's not like Germany rolled in a Panzer division to get them all to sign up, shit they were begging to join. Curious that you also...

Going long Rolaids futures. ;)

Heh, I am legend in ex-wife's family for having a huge bladder.

Or how can something get rated nicely because it has a credit wrapper when the government can come along, set it aside and default anyway? Structured finance is already too damn complicated, and now they are making the rules variable? HTF can anyone tell what some paper is worth? They've just...

LOL. So it's not really a 50% haircut! And presumably the private side was anticipating this arrangement and selling to the favored. Both win on that deal, the favored gets a discount and the private side sells for more. So the free markets were probably working against this deal from the...

It's just another kick. It's a nice kick and the can moved much further than the last few times, but it's still the same thing. The underlying issues have not been addressed. Be interesting to see the final numbers. What's Greece look like after blithely ignoring half her debt? Is it...

There's downside in the usual places that the average voter does not watch. For instance, Greek two years are yielding an impressive 80%: http://www.bloomberg.com/apps/quote?ticker=GGGB2YR:IND

Just rode down the elevator with some broad barely out of school kvetching about student loans. She was POed that The One only slashed the default from 25 to 20 years and mentioned that her friends had some serious loans. I didn't get a chance to ask her how many had Masters in music...

Kick. . . clang. . . clang. . . clang. . . Hurray! (confetti flies, the band starts playing again) If somebody two years ago had claimed that the EU could kick this crisis this many years down the road, we all would have laughed ourselves silly at him. Yet here we are. Very impressive.

Junker. There's the most appropriate name I've heard yet in this crisis.

Sure it's true. Fire up Paint and cut out one of the squares to compare it right next to the other. It's a match. I tried it because I was very unconvinced. :)

LOL. The EU's acting like a modern version of the Keystone Kops. http://www.bloomberg.com/news/2011-10-25/most-asia-stocks-metals-fall-euro-snaps-five-day-gain-before-debt-summit.html

I was just there! Bought a cookbook: 101 Ways to Wok Your Dog

From CNBC last night: Honey I Shrunk the Subscriber Base. :)