Friday, August 22, 2008
The ECB has to stop propping up banks
The ECB has to stop propping up banks
This is not good for weaker global players like RBS or HBOS in particular. It also could affect Barclays. This is more of a Eurozone problem but it is a bad omen regarding liquidity for all European banks. Is the ECB actually going to let banks fail?
One thought on “The ECB has to stop propping up banks”
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renting2 says:
What a bunch of King Canutes. The inevitable is happening.