• Markets are mistaken to look only at the size of the EFSF
  • We are prepared to help troubled EU states
  • Hopes IMF will help with future bailouts
  • EFSF will be able to lever-up if necessary
  • EFSF has quite a bit of capacity left

Yeah, yeah, its not the size of the boat, its the motion of the ocean. Who among us hasn’t used that line before?