I know certain investor counselers who are still pushing Greek investments hard.

They know Greece isn't going to be able to pay. A large piece of the market knows it too, which is why those investments are going down.

But the investment head honchos don't want to lose their money. They'll push for haircuts, create new product, sprinkle Greek with other investments and push hard to sell them into 401k and Pension Funds.

A lot of foolish investors are going to buy items and watch it lose money.

The taxi driver isn't going to be affected.

The wealthy bondholders will lose a little, but that's all.

was mostly tied to loss of Government jobs and pension cuts....

But it looks like they got an agreement on the pension cuts. (They're still there, just not as large)

I still say, check your 401Ks...make sure you don't have any international exposure to the Greek markets. This isn't over yet.