European Shares Fall Most Since March 2009

European stocks had the largest fall today since March of 2009 as concern about the banking sector in Euro-zone drove a massive sell off in those stocks and others. The European Banking center was down over 6% with Barclays declining over 11%, Societe Generale down over 12% and Germany's Commerzbank down over 10%. The concern in Europe is over whether banks have enough liquidity to deal with a sovereign default in Euro-Zone while disappointing economic numbers from the U.S. also helped to bring down European Markets. Concern that policy makers have yet to provide concrete solutions to the Euro-Zone's problems has been a constant weight on markets as well as the possibility of second global recession.