Greece hires Lazard to advise on debt – FT.com

English: Lazard (a publicly listed company) image

English: Lazard (a publicly listed company) image (Photo credit: Wikipedia)

This is currently the most-read story in the FT, this weekend.

via Greece hires Lazard to advise on debt – FT.com.

It looks like the inexperienced new Finance Minister of Greece has had his first public slapping – he seemed to go too far on Friday.

Once again, it looks like a US investment bank will, once again, get a fat fee for advising Greece.

What a mess!

Surely it is obvious that without reform Greece is destined for failure?

Thoughts?

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