mardi 1 juin 2010

It's not going away, don't think so,
The European market for securitizations, the primary way of raising capital by banks and governments alike, is currently “dysfunctional”
The continued reliance of some small- to mid-sized euro area banks on central bank refinancing continues to be a cause for concern
In the days leading to the ECB's unprecedented decision to backstop Eurozone debt with outright purchases, trading in some government debt had nearly totally dried up, endangering the functioning of the entire financial system.


Just wondering if you have the extended report? If you do, can you manage a scan?

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