Banks Bunker Hundreds of Billions in Deposits at ECB
2011-12-31 Richard Moore Bcc: FYI rkm website: http://cyberjournal.org ___________________________________ http://www.spiegel.de/international/business/0,1518,805940,00.html Banks Bunker Hundreds of Billions in Deposits at ECB Just before Christmas, the European Central Bank flooded the financial markets with 500 billion euros — a move that may not ultimately have the desired effect of stabilizing banks. Instead of passing that money on in loans … Read more