Spectre of Greek default continues to stifle world markets

euronews (in English) 2011-09-12

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New York markets felt the force of the speculation that Germany is preparing for a Greek default. Morgan Stanley, the Goldman Sachs Group and JP Morgan Chase and Co. slumped at least one point three per cent following losses in European banks. Meanwhile Citigroup Inc. slashed its third quarter profit estimates for the US lenders. ... http://www.euronews.net/
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