Looks like the end of the road for Italian Prime Minister Silvio Berlusconi, and it wasn't a bunga-bunga party that did him in. Berlusconi, hammered by a worsening debt crisis in Italy, has agreed to offer his resignation after he oversees the passage of a austerity bill. That vote is expected to happen next week. The leader was able to push through a significant budget vote in Parliament today, but his coalition's majority crumbled away at the same time. The Dow Jones Industrial average did see a slight increase today after the vote.
Read it at Forbes
