European Central Bank's helicopter drops €348,000,000,000 down to the panicked banks in a single day. All through Europe, it's now raining Euros!!!

And we trust these pretty colored little pieces of paper why?


E.C.B. Makes $500 Billion Infusion

FRANKFURT — The European Central Bank on Tuesday pumped 348 billion euros ($500 billion) into the financial system, easing conditions in credit markets grappling with a global lending squeeze linked to the United States housing downturn and traditional year-end demands for cash.