Citigroup Inc (C)

[buckster71]

I'm still trying to find the source, but I skimmed over an article somewhere stating that Italians who got mortgages in the past year are having a terrible time paying for them at an almost 1-5 rate.

Italy is another one under budget pressure and my personal opinion is that the EU governments are trying to make it sound 1 billion light years away from what is really going on.

This soverign debt is going to spread like a prairie fire.

The fear in the markets is back.