Wednesday, Dec 12, 2007
No!! This is not "Shock & Awe" - It's a bloody mess!
Bloomberg: Fed, ECB, Central Banks Work to Ease Credit Crunch (Update5)
``This is shock and awe,'' said Fred Goodwin, a fixed- income strategist at Lehman Brothers Holdings Inc. in London. ``The fact that it's coordinated means they have joined together in the war to attack the problem, which is that banks don't trust each other.
Posted by stevie dee @ 04:17 PM (138 views) Add Comment
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