Eurozone Crisis Hits Home
November 15, 2011 by Tom Licciardello, CFP · Leave a Comment

U.S. Investors Focused on Capital, Counter-Party Risks
By: SEI Investment Management Unit
- As government debt problems intensify in the European Monetary Union (EMU), financial firms outside of Europe have come under increasing pressure.
- MF Global, a small U.S.-based broker-dealer, recently declared bankruptcy due to its exposure to EMU government debt; another, Jefferies, has come under intense investor scrutiny. These episodes illustrate the powerful effects that fear and uncertainty can have on investor behavior and market volatility.
- The larger issue is not individual firms, but the risk of contagion from Europe to the global financial system and world economy.
Read SEI’s complete analysis – Eurozone crisis hits home