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View Full Version : Euro Crisis Makes Fed Lender of Only Resort as Banks Chase Dollar Funding - Bloomberg



NewsWhore
09-28-2011, 02:21 AM
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Euro Crisis Makes Fed Lender of Only Resort as Banks Chase Dollar Funding (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG9Fvj8QGLmPi6BXCYptD6mtSFCfQ&url=http://www.bloomberg.com/news/2011-09-28/euro-crisis-makes-fed-lender-of-only-resort-as-banks-chase-dollar-funding.html)
Bloomberg
15 (Bloomberg) -- The European Central Bank said it will lend euro-area banks dollars in three separate three-month loans to ensure they have enough of the US currency through the end of the year. Michael McKee reports on Bloomberg Television&#39;s "In the ...

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