Here are the US close regulars and article links. In Europe, there are no plans, backstops, support or trust. Everyone knows the other guy's numbers are not to be trusted. Everyone is trying to offload costs to someone and no-one is picking up the responsibility or the losses. Shareholder of a bankrupt bank? "I am systemic!" Spain's politicians almost half as corrupted as the ones in Greece? It was the Le-man!. They are not going to get anything done.
For my own recent commentary, see how Spain looks easier, how to play announcement games, and when Spain requests the bailout. If you happen to speak Finnish, check my other today's article on Spain.