By allowing banks to hold only 1.6 percent in capital when investing in triple-A rated securities (e.g. tranches of subprime mortgages) or lending to sovereigns (i.e. like Greece, Italy and Spain), the regulations implied an authorized leverage of 62.5 to 1.

FORBES: Connect

Van Rompuy said that Greece will not leave the E.

FORBES: Here's Why Greece Leaving The EU Could Cause Another Depression

When it comes to Greece, think of Wile E.

FORBES: Owed On A Grecian Burn

While ahead of Italy and Greece, Poland does trail most other E.

FORBES: Poland Needs To Clean Up Polish Telecom Before It Ascends To E.U. Presidency

The credibility of balance sheets around the world are dependent upon the outcome of the discussions that take place in Europe over the next two days, not least because pretending that this is just an issue that relates to Greece is now just that i.e. a pretense.

FORBES: There Are Times When Asking A Favor Is Not Enough

Outside Athens, people are using e-mail, still a bit of a rarity in Greece, to sign on with the Liberals.

ECONOMIST: Greece

Before entering the Euro Greece was running massive interest rates, i.e. 10% (even 18% in 1994) but on joining the EZ it had access to capital at 4%.

FORBES: When "Greece Good Enough" Is Simply Not Good Enough

The company is also expanding its e-commerce business abroad and began serving online customers in Italy Greece, Spain and Portugal in the third quarter.

WSJ: Ralph Lauren's 3Q profit up 27 pct

Greece itself estimated its deficit had only reached 12.7%, but the E.

FORBES: The Greek Debt Crisis

The International Monetary Fund (IMF), an institution with serious leadership matters on its mind at the moment has, in the case of Greece, suggested that for 2011 the economy as measured by output, i.e.

FORBES: Agonizing In Athens, Loans In Lisbon; Trouble For Euro Zone Ahead