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Wednesday, November 9, 2011

Markets Insight: Alexander Friedman - Time for Draghi to fire the sliver bullet

Markets Insight: Alexander Friedman - Time for Draghi to fire the sliver bullet The European Central Bank, now led by Mario Draghi, must accept its role as the lender of last resort in Europe. The ECB could stop the panic engulfing Italian and Spanish government bond markets, and it is the only institution in the world with this power.
http://link.ft.com/r/CTBPCC/AMIL5H/A7ZW81/AM4MNA/TU8YQN/B7/h?a1=2011&a2=11&a3=9

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