Hat Tip: Jean Stoner

jberni1 — May 11, 2010 — http://www.berninger.de
On Sunday night the Situation in the European banking system had heatet up so much that finally FRANCE went bust. French SubPrime Minister Sarkozy pushed the rescue package as France was de-facto bankrupt amid a dry up for French debt issuance.

Free Republic: Financial Armageddon 2.0