Anne-Sylvaine Chassany Archive
ECB taking lower quality collateral vs USD lending
Uncategorized
Oct 20, 2008
[Skip to the end Trichet urges banks to lend after recovery begins (Update2) By Simon Kennedy and Anne-Sylvaine Chassany Trichet acknowledged his own central bank had taken on risk by boosting liquidity and accepting lower-rated securities as collateral for loans. “We’re taking risks and we’ve made decisions that increased our risks, because
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