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 (OP) User ID: 340451 United States 10/09/2008 12:31 PM Report Abusive Post Report Copyright Violation | |
mathetes User ID: 514914 United States 10/09/2008 12:32 PM Report Abusive Post Report Copyright Violation | 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 Quoting: Anonymous Coward 340451The 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] 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 United States 10/09/2008 12:34 PM Report Abusive Post Report Copyright Violation | 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? 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 United States 10/09/2008 12:36 PM Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | 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' ??? Quoting: Eagle # 1 518727It '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 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) User ID: 340451 United States 10/09/2008 12:57 PM Report Abusive Post Report Copyright Violation | |