European banks sitting on $16.3 trillion of toxic assets...

telegraph.co.uk — But, I thought the EU was highly regulated. Let me guess the Republicans got into the EU undetected somehow and managed to de-regulate the EU as well! This is just more proof that it was not less government or deregulation that caused our problems. The EU is the most regulated place on the planet earth. Collectivism = Guilty Feb 11, 2009 View in Crawl 4