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They probably know Sarko won't let that happen. French banks even more exposed than German ones down there. They just love real estate.

Oops!

I would be ashamed to admit that I had risen from the ranks. When I rise it will be with the ranks, and not from them Eugene Debs

by redstar on Sun Jun 20th, 2010 at 09:49:07 AM EST
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The whole thing is a bit surprising to me.  I'd heard for a few years that European banks were in a bad way, but I didn't know the extent of it.

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Sun Jun 20th, 2010 at 10:08:47 AM EST
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