More Posturing in the Greek and European Creditors' Negotiations

Here's the latest morning update about the Greek saga.

Fresh Greek Bailout Proposals Fall Short of Creditors' Demands has the details.

But the short version of the sick story is that the creditors aren't going to make it easy for the Greek political leaders to capitulate and save face while doing so.

At least that's my take.

Stay tuned.

Thanks. Bob.