Italy Burning, Undergoing Slow Motion Crash, With Bank After Bank Getting Halted

- The Vespa Has Crashed Into The Mountain: Italy Burning (ZeroHedge, Aug 1, 2011): Italy undergoing a slow motion crash, with bank after bank getting halted, first Intesa, then Monte Paschi, and most recently, main bank Unicredit. The FTSEMIB is now down a whopping 5.5% from intraday highs, led by the financial sector which may [...] continue reading the breaking news