Globe reserved on Greek haircut hopes
Greek elites and certain segments of society understand that if the recently launched "voluntary" bondholders write-downs does not succeed then their days to a Euro-exiting bankruptcy are numbered.
This is why the unprecedented sovereign debt "haircut" kicked off Friday, and Greece is hoping for the best, while the Eurozone is preparing for the worst. Relations with allies and lenders are pernicious due to noncommittal "wait and see," and accidentally derogatory remarks. There are enough Pontius Pilots whose inaction could lead to otherwise avoidable economic collapse.
Greece has been caught in the middle of Eurozone governments pushing edge of the envelope losses on investors, and vulture funds that want to extort by holding out. The aim is ostensibly save the Mediterranean country by slashing its national debt from by €103 billion down to €260 billion, as well as save about €4 billion a year in interest. But there is struggle between the Troika and the Private Sector Involvement (PSI) of investors as to who will pay more, which could threaten Greece's survival.
The black Atelier Versace gown with a sexy thigh-high slit that Angelina Jolie wore to the Oscars 
