ECB policy and its banks

>   
>   (email exchange)
>   
>   On Tue, May 11, 2010 at 6:05 PM, Bernar wrote:
>   
>   Warren ecb is hardly punishing speculators . They’re removing bad collateral
>   from the banks portfolios under the guise of protecting the sovereigns.
>   

Who would have thought?

Glad the banks aren’t letting their insiders get their funds out before declaring insolvency and turning it over to their national govt.

That would be very bad form…

>   
>   The actions are scary the associated rhetoric is comical at best.
>