Here are the unsourced comments Reuters reports as US “readiness” to support a bigger EU bailout” :
“There are a lot of people talking about that. I think the European Commission has talked about that,” said the U.S. official, commenting on enlarging the European stability fund. “It is up to the Europeans. We will certainly support using the IMF in these circumstances.”
Doesn’t sound like much of a commitment to me…
Banks are ringing around to clients advising them to sell the bounce if they are natural sellers…
