tough enough to withstand another financial shock. i think they ve injected themselves into a situation that s beyond their comprehension. plus a former fed boss paul volcker has a blunt message for the ratings agencies. quit meddling in things you don t understand. we have that candid interview in full. but first, though, we begin with the tide of debt that is causing problems on both sides of the atlantic. this of course with the results of the european banking stress tests out later on today. now, that is seen as one of the one of the most debted nations, italy, is of course trying to fight to stave off a bailout to become the fourth euro nation if it were to do so to request one from the imf, the eu and also the ecb. this was the scene just yesterday as lawmakers approved a four year, $57 billion austerity plan. the lower house is expected to adopt some of these measures later on today. and newspapers have been having quite a field day with this situation. let me sh