Who Will Rescue Collapsing European Banks When Banks Are Bigger Than Countries?

"The latest European bank on the verge of collapse is giant Dexia, a Belgian-French bank. According to the Wall Street Journal, Dexia has total assets, including derivatives of $689.5 billion and a leverage ratio of 74.5. By comparison, in mid 2008, prior to its collapse, Lehman Brothers reported a leverage ratio of 31."