Charlie Sizemore says no, Europe is not another Lehman, but he's not too convinced that he's...

|By:, SA News Editor

Charlie Sizemore says no, Europe is not another Lehman, but he's not too convinced that he's right. A Greek default shouldn't mean Spain and Italy will tumble too: Spain has modest debt, and its deficit is being pared; Italy actually is running a surplus. "Yet none of this matters if investors panic and dump the bonds en masse, sending interest rates soaring to the point that a collapse is all but unavoidable."