Tag Archives: DEfault

Debt, division & delay

…because we just don’t know what to do….meanwhile the Swiss were close to ban investment banking after UBS lost about 2.3 bio Euros on unauthorised trades.

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Bank run

By Paul Krugman On Thursday Jean-Claude Trichet, the president of the European Central Bank or E.C.B. — Europe’s equivalent to Ben Bernanke — lost his sang-froid. In response to a question about whether the E.C.B. is becoming a “bad bank” … Continue reading

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