Assault on the euro will fail

Rumors and some news are out that Greece will get assistance from a group of carefully selected private and public banks to finance due debt. Instead of a public auction which could become a disaster with extremely high interest rates to pay, Greece will sell bonds directly to certain banks which in turn will be protected by the promise of public banks of the eurozone, mainly of Germany, to safeguard the financing project.
If this is correct, and as of now there is little doubt that it should not be, the attack on the euro which some hedge funds are planning and which we commented below, will certainly end in a fiasco if these funds should not back off. Maybe the publicized plan of the assault on the euro contains a second plan which says that let us make some of our competitors jump over the cliff by making them believe that the assault on the euro were a sure thing. The reason to suppose this is that the first plan was made available to the press -- which otherwise would make little sense. Let some of the hedge funds who do not belong to the select few insiders run against the euro which would allow the big shots to unwind their short positions against the euro not only without a loss but by making a killing.