Papandreou Tells Greeks It’s Time To Grow Up

November 3, 2011

Papandreou told his fellow Greeks to make a choice and accept the consequences. It’s a gamble, but not an irrational one.

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Europe Accepts A Little Reality

July 22, 2011

A small dose of reality helped move the Greek drama closer to its conclusion yesterday Tragedies do not have happy endings.

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A Financial Thunderstorm, Not A Hurricane

May 5, 2010

The Greek financial crisis sent markets around the world reeling yesterday, as the soothing effects of the Eurozone’s $143 billion bailout package wore off after just one business day. If Greece falls, and then perhaps Portugal, will we be looking at the sort of global paralysis that set in when the Bear Stearns domino hit the Lehman Brothers domino, which hit Merrill Lynch, which hit American International Group, ad infinitum? …

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