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The buyback of greek debt will in fact work. Were seeing just fractions of a percent in terms of changes there. Our road map this morning starts with the latest in the fiscal cliff negotiations. The white house promptly rebuffs the gop counterproposal which calls for 800 billion in new tax revenue but without tax rate increases for the wealthy. Could this tax issue deadlock the talks . Bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. Even more dividends pushed into 2012. Coach, American Eagle moving up and oracle will play out threequarters of dividends this year. More strength in housing this morning. Toll brothers earnings top expectations. Well begin with the fiscal cliff. Governors are set to meet today with the president and congressional leaders. Governors are concerned about the impact of deficit reduction measures on their state budgebu. The latest gop offer would overhaul the tax code, raise 800 billion in new revenue but see

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