Contagion – Why Problems in Italy Should Scare US Banks


Contagion – Why Problems in Italy Should Scare US Banks – CNBC.

“At the time, the results made us a bit relieved; our focus was on Ireland and Greece,” said this person, who spoke on the condition of anonymity because the Fed has a policy of not discussing supervisory actions. “But if Italy goes, God help us all.”

Too big to handle?

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