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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.
Posted in The world we live in Now
Tagged Austerity, Debt, DEfault, ECB, Economy, European Union, Politics
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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
Posted in Breaking the mould, The world we live in Now
Tagged Ben Bernanke, DEfault, Euro, European Central Bank, Italy, Jean-Claude Trichet, Spain
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