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Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?

 
Anonymous Coward
User ID: 340451
United States
10/09/2008 12:22 PM
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Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?
Financial crisis: Libor jumps as credit market freeze persists
The rate banks charge to lend to each other in dollars and pounds for three months rose again, signalling the unprecedented action yesterday by the world's central banks to rebuild trust between banks has so far failed.

By Angela Monaghan
Last Updated: 4:44PM BST 09 Oct 2008

Benchmark Libor for three-month dollar loans rose by 23 basis points to 4.75pc, and the equivalent rate for sterling loans rose by one basis point to 6.28pc.

The steeper rise in the dollar rate reflects the shortage of the US currency, which is the biggest money market with the most demand.

Those rises indicate that the moves by governments and central banks designed to ease the banking crisis have so far failed...



[link to www.telegraph.co.uk]
Anonymous Coward (OP)
User ID: 340451
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10/09/2008 12:31 PM
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Re: Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?
libor will break the bank
mathetes

User ID: 514914
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10/09/2008 12:32 PM
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Re: Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?
Financial crisis: Libor jumps as credit market freeze persists
The rate banks charge to lend to each other in dollars and pounds for three months rose again, signalling the unprecedented action yesterday by the world's central banks to rebuild trust between banks has so far failed.

By Angela Monaghan
Last Updated: 4:44PM BST 09 Oct 2008

Benchmark Libor for three-month dollar loans rose by 23 basis points to 4.75pc, and the equivalent rate for sterling loans rose by one basis point to 6.28pc.

The steeper rise in the dollar rate reflects the shortage of the US currency, which is the biggest money market with the most demand.

Those rises indicate that the moves by governments and central banks designed to ease the banking crisis have so far failed...



[link to www.telegraph.co.uk]
 Quoting: Anonymous Coward 340451

Great post
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Eagle # 1
User ID: 518727
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10/09/2008 12:34 PM
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Re: Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?
" Running out of time' ???

It 'ran out' when the people ran out of credit to take out MORE USURY loans to support the Jewish banksters, government and politicians, and their PARASITIC feeding off the masses. There is NO STOPPING the eventual collapse, and the derivative meltdown will SEAL the worlds fate.

Don't you just love GREED, taking MORE than you GIVE
and your TOTAL enslavement by the wealthy ?

Eagle
AC156099
User ID: 156099
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10/09/2008 12:36 PM
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Re: Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?
Yep... in what has been arguably one of the single most powerful indicators of the interbank liquidity seizure, the TED Spread - the difference between the Fed rate and the LIBOR rate (the rate at which banks lend to each other) - has in the last 24 hours rocketed yet once again, not just breaking 4% but busting right through it:

[link to www.bloomberg.com]


While this is in part due to yesterday's global rate cut, what's so disconcerting is that the LIBOR rate didn't follow suit. They're throwing the kitchen sink at this fuckupery, and it's accomplishing approximately Jack Shit.
mathetes

User ID: 514914
United States
10/09/2008 12:47 PM
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Re: Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?
" Running out of time' ???

It 'ran out' when the people ran out of credit to take out MORE USURY loans to support the Jewish banksters, government and politicians, and their PARASITIC feeding off the masses. There is NO STOPPING the eventual collapse, and the derivative meltdown will SEAL the worlds fate.

Don't you just love GREED, taking MORE than you GIVE
and your TOTAL enslavement by the wealthy ?

Eagle
 Quoting: Eagle # 1 518727

So do you give out loans? I need about 500K
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Anonymous Coward (OP)
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10/09/2008 12:57 PM
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Re: Breking news_Financial crisis: Libor jumps as credit market freeze persists_World's central banks FAIL to rebuild trust _WE running out of time?
like arnold says

True lies movie

Arnold S_Harry Tasker_Go for it

Jamie Lee Curtis-Hellen tasker-arnolds wife_Fear is not an option.





GLP