More on the financial crisis

I wrote a short follow-up to the European Union financial summit, which appears today in the Christian Science Monitor.

Not surprisingly, the summit did not produce any unified approach for Europe to deal with the financial crisis. Instead, with several countries now rushing to guarantee all private savings in their banks, you're seeing a strategy emerge that will have individual EU members doing what each feels it needs to do to keep its own financial house in order, instead of a pan-European response. 

I talked a little bit about this in an interview I did with PBS' World Focus this evening.