Euro Centrall Bank flies in 94 Billion Helicopter for Euro

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Euro Centrall Bank flies in 94 Billion Helicopter for Euro

08-09-2007, 09:34 AM

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Euro Centrall Bank flies in 94 Billion Helicopter for Euro

The ECB has today loaned 94 billion Euros at 4% (Cheap cheap for you) to relieve liquidity problems in Euro Cash markets caused by sub prime contagion credit crunch.

They havnt done anything on this scale since 9/11.

PANIC?!

Veryvery good piece in the Telegraph.

Fed joins the party.

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