May 10, 2010 — American taxpayers have been freshly liberated of hundreds of billions more dollars as part of the IMF's new bailout package which is principally going straight to European banks. In addition to the Federal Reserve program to ship U.S. dollars to Europe, in a move that represents little more than a desperate effort to save the Euro and rescue the credibility of economic global governance.
Cash Shock: EU forks out $1 TRILLION to curb Greek debt crisis
May 10, 2010 — The European Union has stunned the markets with a massive rescue package for the euro. It's making available more than 750 billion euros in a mix of loans and guarantees - about seven times the sum it had discussed lending to Greece last week.
May 09, 2010 — To rescue Greece from a crippling national debt and angry protests, the European Union approved a loan that would put another $40 billion in the bailout package. Richard Roth reports.
May 09, 2010 — A plume of volcanic ash from Iceland's erupting volcano snaked its way through southern France, Switzerland, Italy and Germany on Sunday, shutting down airports and disrupting flights across Europe. (May 9)