eurozone, page-21

the most accurate I can find is :

33% of debt held by "private:" banks and insto's - and that is only on a fraction of their funds held (depends on the maturity of the bonds apparently)

actually don't think the arithmetic is going to undo the fracture (which is what Greece is pokering on ) but this is now about the "new monetary union" which will be driven by Northern Europe

(Neither the Germans,French or Dutch are wearing one iota more as are the few Scandinavian countries in the union)

Even old Berlusconi is getting the message and scrambling for the exit/solution

We will see a massive sell down of specific asset classes over night no doubt

Looking at various stock here in Oz: SH have been busy all afternoon locking in profits