Great piece scout, but too late IMO. Greece will default now, but it will be "organized" so that the "right" lenders will be either made whole, or at least get some sort of prefrencial treatment, and the hit will once again be borne by the little guy. As I wrote some time ago, all of the games that have been going on has been mostly jockeying for position and making sure (as sure as can be anyway) that the debt will somehow be recorded as some "non-credit event" so the trillions of CDS's won't trigger and wipe out the writers, ie mainly the big US banks.

The levels of crime and ethical absence just keep getting worse. It's hard to believe this can be happening in our world in broad daylight. It will be interesting to watch how this end game for Greece is going to play out, and how the media spins it to suit the global oligarchs wishes.

Truely, Good Luck to All Here