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Showing posts with label central bank. Show all posts
Showing posts with label central bank. Show all posts

Thursday, December 1, 2011

Potential bank failure prompted central bank action?



What prompted the central banks to act in a rare collaborative effort yesterday? Was it a major European bank on the verge of failure? Here is what Forbes had to say:



Big European Bank Failure Averted: What Central Banks did not tell us, Forbes