Monday, March 08, 2010

Papandreou, Sarkozy, Merkel Blame Speculators; French President Sarkozy Says EU Must Support Greece or Risk Destroying Euro; Sarkozy Employs Bazooka http://www.bloomberg.com/apps/news?pid= ... 7BuU&pos=5

When all else fails blame the speculators and the shorts. That is the action the Greek Prime Minister George Papandreou, French President Nicolas Sarkozy, and German Chancellor Angela Merkel took today.

Let's kick the discussion off with a rant from the Greek Prime Minister. Please consider Papandreou Warns Crisis Could Spread Unless Speculation Curbed.

Greek Prime Minister George Papandreou said his country’s fiscal crisis could spread beyond Europe unless “unprincipled speculatorsâ€