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The author discusses the crisis in Greece in the sudden closure of the country's television and radio network, Hellenic Broadcasting Corp. known as ERT, and the essential role of opposition party Syriza as the best hope of Europe to save Greece.

The authors analyze the risk-taking activities of banks in the U.S. They state that it is the bank's attitude on taking risks that causes financial meltdown even during the 1970s and the 1980s. They suggest that players must be exposed in the financial sector to experience personal loss when risk-taking fails. They prefer private partnership instead of government ownership.

Opinion. Looks at how the American workforce has benefited from the financial crisis in Asia. How American stocks have been affected by the crisis; Highlights of a 1998 economic forecast made by Alan Greenspan, the chairman of the Federal Reserve; Why Americans may be forced to tighten credit and spending at home.