greece looks like hopeless case., page-13

excellent post brian. One wonders how quick the contagion will commence into other eurozone countries once all hope is lost of getting out of the mess on their own.
Goldman Sachs has developed CDOs that bet against Mortgages in the US and gained massivly out of it - now its raining lawsuits
wonder if they have done the same for the greeks?

http://www.spiegel.de/international/europe/0,1518,676634,00.html

http://www.bloomberg.com/apps/news?pid=20601087&sid=akqC4y5U7MnU