Quotes: Fear Builds After European Bank Bailout

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KARL-JOSEF HILDENBRAND/epa/Corbis

“They’ve poured some water on the fire, but the fire has not gone out,”

– NIALL FERGUSON, an economic historian at Harvard, on the €750 billion European debt bailout plan announced last week. The New York Times reported Monday that the Euro continued to fall on fears that lending from European banks was strained.

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