Moodys Downgrades Nordic Banks, Investors Yawn
Those AAA-rated subprime loans certainly didn’t help.
E.U. Leaders Still Disagree as Crisis Simmers
Chancellor Angela Merkel of Germany met with resistance at home to her austerity-only position even as Prime Minister Mario Monti of Italy gave a different account of Wednesday’s summit meeting than was offered by the Luxembourg prime minister, Jean-Claude Juncker.