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Need a backgrounder on Europe's debt crisis and why it's affecting U.S. markets? Here are some talking points to help you explain how the European Union operates, why the euro is in danger, and what the crisis could mean to clients' portfolios.
While the European Union's $1 trillion stabilization package has cooled sovereign debt default fears for the short term, the fate of the euro is still uncertain.
New revelations about Lehman's accounting practices expose that the firm was hiding billions worth of debt from its balance sheet.
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