Hardly a Defense…

As Moody’s rating service placed the three largest French banks under review for a possible downgrade due to their exposure to Greek debt, they attempted to make their situation seem not all that bad by pointing out how Germany’s banks were way more exposed than they were…

In other news, Greece’s largest private bank has started to sell all of its Greek government bonds. Greece’s prime minister might be forced to resign and in between riots, Greek citizens are shopping for forks to stick into their country, because it’s done.

There are rumours that Elton John is considering re-re-recording a version of “Candle in the Wind” to commemorate Greece’s brief flirtation with the euro. Other rumours say he’s holding off to see if he has to re-re-record it to commemorate Europe’s brief flirtation with the euro.

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