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View Full Version : Dollar Money-Market Rate Jumps on Threat to Ban Banks (Update2) - Bloomberg



NewsWhore
04-17-2008, 01:50 PM
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Dollar Money-Market Rate Jumps on Threat to Ban Banks (Update2) (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da.9naryC.TXg%26refer%3Dhome&cid=0&ei=IY4HSJaBEIre-wG9rYSvCg&usg=AFrqEzf4x_cNez4oP6MYLhhu6p-YjhAXlw)
Bloomberg - 58 minutes ago
``Banks as part of the process are hoarding cash and that&#39;s primarily the reason why Libor rates are elevated,&#39;&#39; said David Pais, a currency strategist in ...


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