Chad S. sent this: Credit-rating agencies under fire in Europe crisis.Chad’s comment: “I wondered what the real problem was–is it that credit-rating agencies are skewing the truth or is it that governments are just trying to soft-pedal how bad their self-inflicted financial mess is.”
Riots, Violence Break Out at Greek May Day Rallies. (A hat tip to KAF , for the link.)
Eric S. sent this: After the IMF Bails Out Europe, the U.S. May Have to Bail Out the IMF
Items from The Economatrix:
Greek Debt Crisis Rattles Asian Markets, Sends Oil Price Tumbling
Spain Downgrade Sparks European Sell-off; Greece Bans Short-Selling as Panic Spreads
Is Britain Heading for a Greek Tragedy?
Greek Crisis Compared to “Ebola Virus”; IMF Warns Problem Could Spread Across Europe