The $400 billion ripoff that could destroy the Greek bailout
http://www.cnbc.com/2015/11/24/the-400-billion-ripoff-that-could-destroy-the-greek-bailout.html
This is a shocking story that everyone should read though it had me baffled in places. A large part of the bail-out dosh that went into recapitalising Greek banks has now been wiped out but Greece will have to continue to repay the "loans". And on top of that Greek banks are now so fragile that depositors may loose a chunk of their cash next year in a Cyprus-style raid on accounts.
Tony