For penny-wise fund customers the accounting is academic.

FORBES: 2004 Mutual Fund Survey

Or maybe Germany will sign up, after all, to some variation of the "Redemption Fund" proposal from Germany's own "wise men", which would involve guaranteeing only a proportion of each government's debt, for a finite period of time.

BBC: War of words for euro summit

The World Wildlife Fund, a leading environmental group, called Shell's decision wise under the circumstances.

CNN: Shell halts Arctic drill plans for 2013

The wise men have also fleshed out the details of a euro-area redemption fund that they had proposed earlier.

ECONOMIST: German economists