Dexia Bailout On Verge Of Collapse, Threatens To Take France AAA Rating Down With It http://www.reuters.com/article/2011/11/23/us-financial-regulation-banks-idUSTRE7AL2FD20111123
http://www.zerohedge.com/news/dexia-bailout-verge-collapse-threatens-take-france-aaa-rating-down-it
America insists on speedy end to turmoil in eurozone
America has demanded a "commitment of significant resources" from Europe to stem its debt crisis as the US announced a shock cut to its growth forecast.
http://www.telegraph.co.uk/finance/financialcrisis/8908106/America-insists-on-speedy-end-to-turmoil-in-eurozone.html
Wednesday, 23 November 2011
French President Nicholas Sarkozy has embraced a German campaign for treaty change that could give European authorities intrusive powers to intervene in the national budgets of countries sharing the euro currency.http://www.reuters.com/article/2011/11/22/us-eurozone-idUSTRE7AK0CZ20111122?feedType=RSS&feedName=topNews&rpc=71
http://tinyurl.com/76tqo9rEurope's Smart Money Votes With Its Feet
The U.S. Federal Reserve plans to stress test six large U.S. banks against a hypothetical market shock, including a deterioration of the European debt crisis, as part of an annual review of bank health.
"They are clearly worried about the issue of Europe," said Nancy Bush, a longtime bank analyst and contributing editor at SNL Financial. "In a time of risk aversion and concern, you need transparency."
Posts
