Greek lesson to banking world

Banking crisis: People line up outside the Deposits and Loans Fund in Athens to request loans settlements or proceed with bank transactions. Many of the measures Greece’s creditors have imposed on the country have been self-defeating. The biggest blunder they have made is the systematic destruction of the banking system. – EPA

With its damaged banking system, Greek recovery will be a Sisyphean task

SISYPHUS, the king of Ephyra (now Corinth), was condemned by the Greek gods to push a boulder up a hill, only to watch it roll down again and again, experiencing an eternity of futility and endless effort.