Stocks up everywhere today, after the huge announcement. Besides mostly Germany and France picking up the tab, so will all EU banks that own Greek debt or bonds. They'll only receive 50 cents on the dollar (Euro). Good policy, I find. Banks wanted to borrow and risk, and therfor they should pay. Should have been done with TARP, too. Maybe the OWS movement in Europe also played a factor ? Anyways, can't see the European bankers getting much of a bonus, unlike their American counterparts after the mortgage fund bail-out. Now, the world can be looking at the Super Commitee, see if they can work things out, too ! ??