Nov 24, 2011 After yesterday's disastrous bond sale in Germany, leaders meet today in Europe to continue talks on extending the power of the European Central Bank.
Stacey Vanek Smith
Nov 16, 2011 The U.S. central bank, known as the Federal Reserve, is the lender of last resort. Its bond-buying orgy bailed out banks during the financial crisis and rescued the economy. But its European equivalent has neither the ability not the will to do the same for the eurozone.