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Description: What started as a sovereign debt crisis in Europe is slowly turning into a potentially disastrous banking crisis. It’s like watching a bad rerun of a movie with a worse ending.

Source: Fortune.com

Date: 09/16/2011

Link:   http://finance.fortune.cnn.com/2011/09/16/european-banking-crisis/?iid=SF_F_Lead

Questions for discussion:

  • Summarize the critical points made in the article.
  • How do you think this crisis will eventually be resolved?
  • What should investors and businesses do in the meantime to deal with the situation?

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