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View Full Version : EU Rescue Fund Insurance Plan May Not Be Debt Crisis 'Bazooka' - Bloomberg



NewsWhore
10-19-2011, 10:50 AM
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EU Rescue Fund Insurance Plan May Not Be Debt Crisis &#39;Bazooka&#39; (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFB0ul6uNB-Cq6D1bOwhW9XnEWgww&url=http://www.bloomberg.com/news/2011-10-19/eu-rescue-fund-insurance-plan-may-not-be-debt-crisis-bazooka-.html)
Bloomberg
As a bond insurer, the EFSF would focus on new issuance rather than taking advantage of its new powers to buy debt on the secondary market, said Marc Chandler, chief currency strategist at Brown Brothers Harriman in New York. ...

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