Here's the Bloomberg article via Clusterstock on BlackRock betting that the Euro will stay together.
Prices now reflect odds of between 10 percent and 20 percent that the euro-region will disintegrate following a series of credit downgrades from Standard & Poor’s this month, according to BlackRock. The difference in yields, or spreads, between the three nation’s 10-year bonds and those of benchmark German securities was close to the widest today since the euro’s debut in 1999.Actually I have to ask myself when it becomes inevitable, Scott.
“You have got to ask yourself at what point this becomes ridiculous,” Scott Thiel, head of European fixed income in London at BlackRock, which manages $1.3 trillion, said in an interview Jan. 23.
That would be the BlackRock whose stock has fallen from 249 to today's 109, BTW.