"I don't think they're the canary right now, I think they're actually the grenade because they...

|By:, SA News Editor

"I don't think they're the canary right now, I think they're actually the grenade because they are the ones that are going to fix this or make it worse," says analyst Ralph Silva of the EU banks. While last week's ECB lending facility supplied a ton of liquidity, it did zero for bank's capital adequacy levels, plans for whose improvement must be submitted by Jan. 20.