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



NewsWhore
04-17-2008, 03:00 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/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da.9naryC.TXg%26refer%3Dhome&cid=1151423435&ei=gZ4HSOK-G5K4ygS14tSyCg&usg=AFrqEzcMXQOeDGlBAhoR5Xzd5S9LV1-Jjw)
Bloomberg - 2 hours 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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