German Shares Dive, Euro Whacked Hard After Jolt From Ireland

We just mentioned some of the fresh calamity coming out of Ireland this morning, following the S&P’s sky-high estimate for the bailout of Anglo Irish Bank.

That’s having an impact beyond Ireland, of course.

German are taking a good slapping this morning.


And the euro is trying to rebound a little, following a sharp dive a couple hours ago.


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