French Bank Freezes Funds?? What is the impact?? | |
Anonymous Coward User ID: 225190 United States 08/09/2007 10:11 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 279740 France 08/09/2007 10:15 AM Report Abusive Post Report Copyright Violation | Yes, but EZB (European Central Bank) pumps 100 milliards euro (in US value: 100 billion euro) into the market. Easy liquidity for tumbling banksters. It is 1,5 more than just after the 9/11 !!!! Sure, hard time ! the 12/11/2001 it was 64 milliards euro, never seen before and now 1,5 more !!! So, what could we think ? |
Anonymous Coward User ID: 279740 France 08/09/2007 10:17 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 279740 France 08/09/2007 10:28 AM Report Abusive Post Report Copyright Violation | [link to www.latribune.fr] "Panique sur les Bourses et marchés monétaires. La Banque centrale européenne (BCE) a injecté ce jeudi 94,8 milliards d'euros dans le circuit monétaire de la zone euro via un appel d'offre rapide pour compenser des mouvements inattendus sur le marché liés à la crise du crédit à risques, le "subprime". C'est la plus forte injection de liquidités depuis le 11 septembre 2001. Le lendemain de l'attentat du World Trade Center, la BCE avait versé 69,3 milliards d'euros sur le marché bancaire puis 40,5 milliards le 13 septembre." ....... translation : "Panics on the Stock Exchanges and money markets. The European central Bank (ECB) injected this Thursday 94,8 billion euros in the monetary circuit of the zone euro via a fast invitation to tender to compensate for unexpected movements on the market related to the crisis of the credit at the risks, the "subprime". It is the strongest injection of liquidities since September 11, 2001. The following day of the attack of World Trade Center, the ECB had poured 69,3 billion euros on the banking market then 40,5 billion on September 13." |
Anonymous Coward User ID: 279740 France 08/09/2007 10:34 AM Report Abusive Post Report Copyright Violation | |