ECB Lends Record 442 Billion Euros for 12 Months

Discussion in 'Economics' started by ASusilovic, Jun 24, 2009.

  1. Care to comment on the health of the Euro banking system?

    Thanks.
     
    #11     Jun 24, 2009
  2. Well, if you're a bank that can get a AAA rating on its ABS AND you're willing to take a minimum 12% haircut on it, pls go right ahead (there are some other restrictions). I am not sure what sort of upside you can realize from such speculation, so I wouldn't really go as far as calling the current collateral requirements 'liberal'.
     
    #12     Jun 24, 2009
  3. The patient is currently in stable condition in the intensive care unit of the Frankfurt General Hospital, being treated for severe and persistent dehydration. The patient is expected to make full recovery, but only after having all four limbs amputated.
     
    #13     Jun 24, 2009