May 262011
Why are the Euro banks so scared of Greece? Looks like Italy dwarfs that problem.
Why An Italian Debt Crisis Should Scare The Crap Out Of Everyone
If the Greek debt crisis is a tough pickle to solve, it would be nothing compared to a crisis in Italy, which is falling hard after a warning on its debt from S&P.
This chart (via FT) confirms that bank exposure to Italy absolutely dwarfs exposure to Greece and even Spain. Read »
