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  1. Only a Haircut Will Do in Europe

    While liquidity may provide temporary relief, only debt reduction--and a creditor haircut--will put Europe back on the road to growth, says TCW's Komal Sri-Kumar.

  2. Making Matters Worse in Europe

    Concerns over Greek government turmoil, Italian debt, the ECB's mandate, and the sturdiness of the EFSF are complicating plans for a bailout, says Morningstar markets editor Jeremy Glaser.

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