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If the IMF Bails Out Europe, Who'll Bail Out the IMF?

The fund probably doesn't have the resources to bail out Greece, Portugal, Ireland and Spain. Which begs the question -- who rescues the IMF if it needs more stabilization funds to put out another fire? You guessed it: The U.S. is at the top of that list.

Can an EU-TARP Buffer the World From Europe's Crisis?

The financial crisis that started with overly indebted Greece is spreading rapidly to engulf Spain, Portugal, and European Union banks. The world may need a TARP-like rescue effort to contain Europe's contagion.

Europe Needs to Think Big About Its Bailout

Ratings downgrades for Spain, Portugal and Greece have alarmed already-rattled credit markets, sending borrowing costs sky-high. As contagion spreads, Europe's politicians need to stop dithering over the bailout and take dramatic steps to reassure markets.

Portugal Rate Cut Weighs On Global Markets

Shares in Europe were broadly lower Wednesday after the move, and the ratings agency warns of a possible further downgrade if the country doesn't drastically curtail its mounting budget deficits.

Germany to Offer Aid to Debt-Laden Greece?

Struggling with a worsening sovereign debt crisis, Greece appears closer to a bailout by the E.U. The plan may be led by Germany due to the size of its economy and relatively strong financial position.