Greece's Investors Facing a Deeper 'Haircut'
Greece's ongoing bailout talks have made a significant move forward, but would require private investors to take an even bigger bath on Greek bonds.
Almost one-quarter of all Spanish workers are unemployed right now, with no sign that nation's economy will get better any time soon.
Greece's ongoing bailout talks have made a significant move forward, but would require private investors to take an even bigger bath on Greek bonds.
The Dow dropped 389 points today to close at 11,780, while Nasdaq and S&P saw dives over 3 percent. The weakness is being blamed on Europe "as the realization sank in that Italy now must find a new political regime stable enough to implement painful cutbacks and tax increases."
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