The loan pressures will intensify early next year when state funding is recalculated to reflect declines in the parties' support. At present, funding is still based on the proportion of votes each party won in the June 2009 election. But in January funding will change to reflect votes cast in June 2012.

At that election Pasok saw its share of the vote plunge from 43 percent to 12 percent, while New Democracy's share fell from 33 percent to 29 percent. The big winner was leftist Syriza, which opposed the bailout terms. Its share of the vote shot up to 27 percent from 4.6 percent in 2009, and it now stands to receive significantly more funding.

Which is funny in a black humor kind of way, because the two parties—conservative New Democracy and socialist Pasok—just reached a deal on $17 billion worth of spending cuts and revenue (tax) measures in hope of a) satisfying European rescuers and b) pissing Greek citizens off? So maybe not in hopes of, but nonetheless: We're not talking about demonstrators armed with sandwich boards and singalongs, but uh, gas masks and Molotov cocktails.

So: Support for the coalition parties has plummeted,  and they're set to receive less state money when funding formulas are recalculated to include June elections, making the parties a) poorer and b) debtors with their own special interests, even as they engage in restructuring the nation's debts.

European leaders promised a more integrated banking system at the G-20 meeting in Mexico City yesterday, listing common banking oversight and depositor guarantees among future steps to be considered.

Asset managers like Legg Mason are preparing for worst case news out of Europe.

Greek savers aren't the only ones stuffing banknotes under their mattresses; Reuters reports that institutional investors are increasingly holding cash.

("If you wrapped up all the $100 bills in circulation, it would form a cube about 74 feet per side...")

Spain paid 2 percentage points more to borrow on 12-month bonds yesterday than it did one month ago.

If all that paints too rosy a picture, talk to Mark J. Grant.

For a little optimist, CNBC brings you Mark Mobius.

Jon Stewart interviews the drachma.

Your tab... Goldman Sachs advanced Rajat Gupta nearly $30 million to cover legal expenses, according to The New York Times, salt in the wounds after a) the former McKinsey & Co. chief executive and Goldman director passed Goldman secrets to hedge fund manager Raj Rajaratnam, according to the jury and b) Mr. Gupta's defense team took an adversarial approach to the parade of Goldman execs appearing at the witness stand (one attorney for Mr. Gupta called Goldman CEO Lloyd Blankfein "cold and callous," according to The Times). Anyway, Goldman has been picking up the tab because firm bylaws require the bank to pay the legal fees of executives and board directors; Mr. Gupta signed a pretrial agreement stipulating that he would pay his own legal bills if convicted.

Hide the whale: Bruno Iksil, the JPMorgan trader known as the London Whale, sometimes resisted sharing the details of his trading positions with superiors,The Wall Street Journalreports: "Mr. Iksil once confided to the colleague that when he wanted to avoid questions from supervisors about his trades, he sometimes would start discussing a mathematical term, equation or other technical jargon, to confuse and end the conversation."

Jamie Dimon is scheduled to testify before the "harsher and crazier" House of Representatives today.

BofA to divest? Swiss private bank Julius Baer is in talks to acquire Bank of America's non-U.S. wealth management unit, which manages about $90 billion, and which Reuters says could be worth about $2 billion.

Short-term fix: Nine months and $15 million later, Michael Francis is out as president of J.C. Penney.

The Greek elections do little to ease problems facing Spain or Italy.

French Socialists once a majority in parliamentary elections, giving President François Hollande a supportive legislature.

The Citigroup analysts who put the chances of a Grexit at 50 to 75 percent are sticking with those odds, despite the results of yesterday's elections.

Lion's share: Morgan Stanley sought to be the "sole driver" of the Facebook IPO, positioning itself to collect the bulk of fees—and criticism for the company's plummeting share price in the weeks after the offering. We've heard that line before, of course, but The Wall Street Journal puts Morgan Stanley banker Michael Grimes back through the paces.

Post-Facebook, investment bankers may need to replace "oversubscribed" as a line for marketing offerings.

HARP helping banks: A federal program that allows struggling homeowners to refinance mortgages at prevailing low interest rates may be helping banks more than borrowers, according to a Nomura research report. Borrowers who participate in HARP are compelled to refinance with existing lenders, and banks are taking advantage by charging above-market interest rates, The Wall Street Journal reports. The upshot: HARP may save homeowners $2.5 to $5 billion this year, while banks stand to gain $12 billion in additional revenues through the program.

Gupta's fate: Rajat Gupta was found guilty of three counts of fraud and one count of conspiracy at his insider trading trial Friday, and barring a successful appeal, the fate of the former McKinsey & Co. CEO now rests with Judge Jed Rakoff. That might not be the worst thing, as Judge Rakoff has shown some leniency in sentencing insider-trading convicts. Mr. Gupta's sentencing hearing is scheduled for Oct. 18.

The Times reports that jurors were conflicted, with some shedding tears during the reading of the verdict.

Paperboy:The New York Times looks at Warren Buffett's affinity for newspapers, and hears nary a discouraging word about the legendary investor's management of The Buffalo News, which Mr. Buffett acquired in 1977.

Pop quiz: If you're thinking about day trading, The Big Picture has a quick quiz for you.

Reporter passes: "Market-moving" reporter Dan Dorfman died at 80.