What not to invest in- Unicredit??/

So Unicredit posts a record loss of nearly 11bn Euro after writing down "goodwill on acquisitions and investments". This is what we'd call "slow-news" day try to shlep through the news on a time when the larger sovereign crisis (i.e Italy) is overwhelming headlines.

Just for my own amusement I looked through other wonderful European institutions that we can expect great things from (not):

Dexia's exposure to Greek government debt totals 3.4bn euros ($4.5bn; £2.9bn). Its total exposure to Greece - including to private-sector Greek borrowers - is 4.8bn euros.