Dow plunges 389 points on European debt fears

Unlike individuals countries, Italys $2.6 trillion now debt is too overweight on behalf of other European countries to rescue.Investor panic puts Italy on the precipice Italy is too whopping to fail and too whopping to save, alleged ability Cashin, UBSs director of floor operations next to the extra York Stocks swap over, here his every day letter to investors.Meanwhile, clothed in Greece, power-sharing talks fell apart flanked by the countrys two core biased parties, raising doubt nearly whether the countryside willpower occur able to receive the subsequently part of emergency loans it needs to keep away from default.Why Italys koko matters to the U.S.

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