So, why are Merkel and Sarcozy working so hard to help the Greeks? After all, the Greeks lied to everyone, they can never pay that debt back, and they (gasp) do not even seem to appreciate the help.
It is to keep the euro-dream alive, correct?
Apparently the same French and German bankers who stuffed their employers' balance sheets with Greek bonds (with the help of very cheap money from the ECB) are now making amends in the midst of a religious pan-European awakening
European Banks Are Hard-Selling Greek Bailout Plan (NYTimes)
Yes! they are hard-selling the deal because it is the best for the people of Greece...
Financial news and current events commented by politically incorrect people who are for true capitalism for everyone and not just for those with lobbying power.
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