Greek Bankruptcy Imminent?

Big Oops out of Bloomberg:

  • GREEK CREDITOR COMMITTEE SAID TO BE NEAR HIRING BLACKSTONE
  • GREEK CREDITORS SAID TO WORK WITH WHITE & CASE, ALLEN & OVERY
  • GREEK CREDITOR COMMITTEE MAY FORMALLY HIRE BLACKSTONE THIS WEEK

Is that how it begins - with an involuntary filing of bankruptcy by an ad hoc committee of creditors?