Bonds Will be WORTHLESS in the Global Financial COLLAPSE

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Greek bondholders set for 74 percent loss
Debt crisis: Greece’s bondholders could face more losses, says Berlin
European Central Bank Moves to Avoid Loss on Greek Bonds

Sources:
http://www.reuters.com/article/2012/02/21/uk-greece-banks-idUSTRE81K18O20120221
http://www.telegraph.co.uk/finance/financialcrisis/9427192/Debt-crisis-Greeces-bondholders-could-face-more-losses-says-Berlin.html
http://www.nytimes.com/2012/01/25/business/global/eu-officials-continue-to-press-for-a-quick-deal-on-greek-debt.html?_r=0