Debt Forgiveness, Euro-Style (The Nation)

The Nation - The Nation -- At the midnight hour, when financial-market wise guys were predicting disaster, Europe’s political leaders proved to be stronger and braver than America’s. The big nations of the EU worked out a deal to resolve their financial crisis that does what US politicians, including the president, lack the nerve to pursue. The Europeans are whacking the bankers big time.

Source: http://us.rd.yahoo.com/dailynews/rss/oped/*http://news.yahoo.com/s/thenation/20111027/cm_thenation/164239

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