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ECB's $500 Billion Loan Won't Help Solvency Problems

12-18-2007 • Mike

If this $500 billion "emergency funding" was just a year-end phenomenon, that would be one thing. But this is not a liquidity issue this a solvency issue and a growing solvency issue as well.

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ECB's $500 Billion Loan Won't Help Solvency Problems

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