So the Eurocraps have come up with some serious financial engineering, imported direct from those all so shifty Anglo's across the Channel and the Atlantic. And they are planning to ban naked shorting on CDS? Well the the EFSF looks pretty naked to me, why cant I short it?
And a 50% haircut gets the Big fat Greek economy down to a manageable 120% debt to gdp, sometime never, never, and this is progress?
At least last night on TV they ran Monty Pythons Life of Brian, tonight its some sort of tribute act direct from the eurocraps ministry of Silly walks standardisation.