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?