~$200 billion bailout? Not enough. Another temporary solution, thankfully. Hope this will fester for another year or five, and keep people on our side of the pond niiiice and jittery.
The other good thing is that faith has been lost in the ability of the Euro-peons to fix their “crises.” Euro “only” went up about 2%, whereas if the news were announced a year ago, it would have jumped 5%.