France is next up on the downgrade dance floor, but will it matter?
How do you measure earnings for a London retailer when a franchise burns on the news?
European markets capitulated late morning as ECB bond buying had little effect on stocks.
Everyone cancels their vacations just in time to leave early Friday for the weekend.
Will the ECB buy more bonds? Depends on what instructions they got from S&P.
Berlusconi is forced to talk and the Swiss are forced to act.
Europe can return to concentrating on which of the PIIGS to worry about next.