Relevant:
- Europe’s Banks Face Second Funding Squeeze on Sovereign Crisis
- The Fed and other central banks stepping in with huge coordinated liquidity measures
- HUD Rings the Bell on Third Round of NSP Funding
- Bank Funding Crunch Deepens as Swap Rates Soar
- Jim Rickards Interview - Basel III Won't Prevent Bank Crisis
2010-05-04 — zerohedge.com
"Well, it must be a funding crisis. For all those who have been talking about rate hikes, here is a little reality check: we are on the verge of a full blown funding crisis at the sovereign level and central banks have just only started withdrawing liquidity."
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