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Buddy, can you spare a billion? French banks downgraded

Do you think it's a cheap shot to make a visual joke about the situation at Societe Generale and other euro zone banks?

Meanwhile, Italian Premier Silvio Berlusconi (below) seems to be feeling the pain as Italy passes its austerity plan.

Ian Langsdon /EPA

A homeless man begs outside a branch of French bank Societe Generale, Paris, Sept. 14. The fallout from the Eurozone crisis deepened as Moody's credit ratings agency announced it was downgrading French banks Societe Generale and Credit Agricole over their exposure to Greek debt. Moody's downgraded the long-term debt and deposit ratings of Credit Agricole from Aa1 to Aa2 and Societe Generale's from Aa2 to Aa3, against the backdrop of renewed fears that Greece is headed for a debt default. The agency left the rating of the country's biggest bank, BNP Paribas, unchanged for now.

Max Rossi / Reuters

Italy's Prime Minister Silvio Berlusconi reacts during a debate in the upper house of parliament in Rome September 14.