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View Full Version : El-Erian: Europe May Spark Lehman-Like Crisis - Bloomberg



NewsWhore
12-20-2011, 05:20 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEeZZJ9DzBO4bt_KQ_edjZzUGuPZA&url=http://www.bloomberg.com/news/2011-12-20/el-erian-europe-may-spark-lehman-like-crisis.html)
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El-Erian: Europe May Spark Lehman-Like Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEeZZJ9DzBO4bt_KQ_edjZzUGuPZA&url=http://www.bloomberg.com/news/2011-12-20/el-erian-europe-may-spark-lehman-like-crisis.html)
Bloomberg
He said the most likely outcome -- with a 1 in 2 chance -- is that European policy makers “get their act together” and manage the transition to a smaller currency union. The least likely is that the 17-nation euro zone stays intact: the possibility of ...
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