Lloyd and Jamie must be sweating this morning. Eurozone officials are apparently attempting to cheat death, and get as close to the cliff of default as possible without actually seeing a Greek default.
Look for The Fed to blink.
*EURO ZONE FINANCE OFFICIALS CONSIDERING PROPOSAL TO DELAY ALL OR PART OF GREEK BAILOUT YET STILL AVOID DEFAULT-EU SOURCES
Meanwhile, gold, silver, and the US dollar are all surging together on the news.