Video: Beware Unintended Consequence of Gifts for Greece

By Todd Harrison  FEB 11, 2010 12:00 PM

Is Greece the European equivilent to AIG?

 


This morning, the EU announced that a Greek bailout was in the works (also read Two Ways to Play: EU Reaches a Deal With Greece). This isn't unexpected, but Todd -- appearing on Yahoo's Tech Ticker -- asks us to remember that good news has been sold off lately, as seen in names like Microsoft (MSFT), Intel (INTC), JP Morgan (JPM), and Apple (AAPL).

Is the European Union only as strong as its weakest link? Todd expects this to be an important theme to watch going forward.

See the whole video below.

Position in S&P