European Bank Risk Soars to Record, Default Swaps Overtake Lehman Crisis

http://www.bloomberg.com/apps/news?pid=20601087&sid=aSVzucla6Dh0&pos=5

 

Crisis! What Crisis? My government says every thing is all right! Sure, just like last time…

 

BuyBuyBuy.

 

Just because you can measure something doesn't mean you know what to do with that information.

Over reaction.

Zzzz --- non event.

 

yea... sovereign failure is a non event...