Spotted in this item over at the Huffington Post last week was this promotional video for a bank in Australia, somehow the image of a banker duct taped to a light pole having a different connotation down under than here, where, presumably, a good number of Americans would like to see this happen in New York City and not as a joke.

http://www.youtube.com/watch?v=VUO44ltwVJU&am...player_embedded

It should be another interesting week as bankers around the world try to figure out how much of a haircut they’re willing to take on Greek debt and other problems associated with too much credit and debt a few years ago continue to fester.

Tim Iacono

Iacono Research.com