Going, going, gone?

economist.com — May 16th 2012, 14:07 by R.A. | WASHINGTON SO MUCH of modern finance is a confidence game. Banks borrow short and lend long. A perfectly solvent bank can therefore go bust if depositors panic and rush to pull money out.
European leaders still don't understand the importance of managing market psychology. Has undermined them at each step t.co/Tw0Gzrp7
Great take by @ryanavent on the growing prospect of a Greek exit from the euro - t.co/ijD3S2TS