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Start Over
For Banks, the Hurt Just Goes On.
- Source :
-
Wall Street Journal - Eastern Edition . 11/26/2007, Vol. 250 Issue 124, pC1-C5. 2p. - Publication Year :
- 2007
-
Abstract
- The article discusses problems faced by European banks. The cost of short-term capital has risen substantially since January, 2007. Banks have become reluctant to lend to each other as they stockpile cash against possible future distress caused by mortgage-backed securities. The European Central Bank has sought to ameliorate the situation by injecting cash into the system.
- Subjects :
- *BANKING industry
*INTEREST rates
*LOANS
*MORTGAGE-backed securities
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 250
- Issue :
- 124
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 27591988