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Market to ECB: Do something!
Imagine Europe is Princess Leia. That means new European Central Bank president Mario Draghi would be Ben Kenobi. "You must see these bonds safely delivered to the coffers in Brussels. This is our most desperate hour. Help us, Obi-Wan Draghi. You're our only hope." Despite months of meetings, summits, communiques and an endless wave of rumors, European leaders and the International Monetary Fund have yet to come up with a viable solution to end the continent's debt crisis. Greece is still at risk of default. Italian bond yields are above 7% and interest rates in Spain are not that far behind. There is ... (full story)
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