[movermike] movermike: ECB Adds For Second Day!

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Posted by movermike:
ECB Adds For Second Day!
http://www.movermike.com/posts/1186743040.shtml


   For the second day in a row the European Central Bank (ECB) added
   funds.

     [1]The ECB, reacting to continued tension in world credit markets,
     on Friday moved ...to inject liquidity into the European banking
     system. The ECB added â¬61.05 billion ($83.56 billion).

     "The fact that [the ECB is offering more funds] means there's a
     serious problem," said David Mackie, European economist with JP
     Morgan in London... (My emphasis)

   [2]ECB [3]credit markets [4]Mover Mike

References

   1. http://online.wsj.com/article/SB118673195378094167.html?mod=hps_us_whats_news
   2. http://technorati.com/tag/ECB
   3. http://technorati.com/tag/credit+markets
   4. http://technorati.com/tag/Mover+Mike