"The Greek package is going to fall apart quickly," says Pimco's Mohamed El-Erian, "Bridges...

|By:, SA News Editor

"The Greek package is going to fall apart quickly," says Pimco's Mohamed El-Erian, "Bridges built to nowhere can collapse at any time." If (when) the debt restructuring moves to Portugal, private investors will be reduced to "cannon fodder status" as private institutions own most of the debt, notes Ambrose Evans-Pritchard.