Link fest – Will the ECB backdoor bailout work?

How big could the Sarko trade go? (FT Alphaville)

It is finally being recognized that the eurozone made a major policy breakthrough (Marginal Revolution)

ECB backdoor bailout? (Business Insider, Modeled Behaviour)

Why ECB lending won’t solve the euro crisis (Felix Salmon)

Banks resist European pressure to buy government debt (IFRE)