Sep. 5, 2011, 10:38 AM
Fears that the Eurozone might go kaput led to a total bloodbath in Europe today (and it's not quite over).
We mentioned the selling earlier, when the major indices were down some 3%, but now it's worse.
Here's a quick look at the equity markets.
Athens -3.1%. That index is now down about 50% since March.
Greek 2-year yields blew past 50% for the first time.
Meanwhile, banks are getting destroyed.
Deutsche Bank if off over 8%.
Credit Suisse is down 8.8%.
Italy's UniCredit is off 7.4%.
And the major US equity indices, fresh off their ~2.5% losses on Friday are down another 2.5% or so today.