Greece is actually about saving French banks...

[dkf]

Even though Germany has been the heavy thus far, it is France that is actually the most exposed to Greece, when you include private debt, as this chart from the BBC shows (hat tip Daniel Pennell).

[gratuitous]

1. Well gee whiz

You can't expect the banksters to take a bath on a bad investment! Something has to be done to shield them from the consequences of their own recklessness. Won't someone think of the Big Money Boyz!

By the way, that $485 billion in debt? A little more than half what the U.S. spends every year on defense.

[EC]

2. Well, from what I hear

no one pays taxes, so they got what they asked for. And what we'll be headed for if we let the repubs keep cutting.

[FLPanhandle]

3. Unfortunately, France doesn't have the ability to bailout the Greeks.

So, they are pressuring the Germans to do it.