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Other lessons drawn concern the need to find ways to streamline the Troika process in the future and for Fund staff to be more skeptical about official data during regular surveillance.
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It set out to restore the "dignity" of the Greek people by "liberating" them from the alleged stranglehold of the Troika, while in the process "transforming" Europe into a more equal and just continent.
The overall process whereby this troika of species makes a meal of wood is shown in the graphic at left: the termite chews the wood into particles that are absorbed by the amoeba.
The general secretariat is appointed, effectively, through a process that is troika-controlled and the whole mechanism within".
"That's the troika, and they're leading the process to explore different ways and compromises," Mr. Mistral said.
Last year's Dodd-Frank act started a process of de-deifying the troika, requiring the Securities and Exchange Commission to find alternatives to the use of credit ratings in regulations.
The result was an often agonisingly slow process of to and fro, with troika officials regularly departing in frustration about Greek foot-dragging.
Diplomatically, Washington has been marginalized by the powerful troika of Russia, Iran, and Turkey, which now dominates the peace process.
Joaquín Almunia, the European competition commissioner, told Cadena Ser radio on Monday that the International Monetary Fund, European Union and the European Central Bank — the so-called troika that has managed the other bailouts — would be managing the rescue process.
At one stage, Mr. Smith was part of a Democratic power troika that lavished goodies on an openly crooked state senator, Pedro Espada Jr., in the process of getting Mr. Espada to vote with them.
In the absence of such an explanation, there is a widespread belief here in Greece that special interests, in and out of the country, are using the troika to get what they could not have obtained by more democratic processes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com