Greece continues to make the headlines

Greece's imminent danger of default on its sovereign debt continues to make the headlines every time the German-led European Central Bank denies rumors they will bail out the troubled Mediterranean country.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7095818/Funds-flee-Greece-as-Germany-warns-of-fatal-eurozone-crisis.html

What isn't so well-published is the state of California has similar dire finances as the country of Greece. And as blogged earlier, Greece's GDP output is 3% of the Euro Union's GDP, while California makes up 13% of US GDP. The markets are waking up to the Greek problem--when will the financial press address California's fiscal challenges?