Thursday, December 2, 2010

Distressed Debt – what is the longer term answer?

ECB Extends Special Liquidity Measures

The European Central Bank has abandoned its plans to wind down emergency support for banks and government debt markets, responding to concerns that an early exit from such programs could jeopardize the euro currency.

Posted by alan @ 05:32 PM (1132 views)
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3 thoughts on “Distressed Debt – what is the longer term answer?

  • This will spook the markets – who could have expected them to do tis with everything going so spiffingly?

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  • general congreve says:

    With what? Print and Bail!

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  • This is like when Brown announed he was selling off our gold.

    I smell a rat!

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