![]() Sydney Morning Herald |
Insight: U.S. readies defenses against Europe spillover
Reuters "As such, the potential for contagion to the US financial system is not small," the Institute of International Finance, the lobby group for major international banks, said last week. Hedging and netting would limit the true size of any losses, … France Keeps a Watchful Eye on Turmoil in Italy German Finance Minister: Eurozone States Must Give European Union More Power Hoping for the best |