Greek Banks Are Ticking Time Bombs

The Greek government can't afford to rescue Greek banks if dwindling deposits lead to a crash.

Not enough of this stuff in Greece's banks.

Photographer: Milos Bicanski/Getty Images

Investors are trashing Greek stocks and bonds in the aftermath of Alexis Tsipras's election. It's the country's banks, however, that are bearing the brunt of the backlash to the new prime minister's anti-austerity promises, and that spells trouble for a government that can't afford to rescue its financial system.

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