Relevant:
- Iceland Closer to IMF Bailout
- FT's John Dizard: Gold borrowed from governments or ETFs may be propping up European banks
- American Taxpayers Looted
- European Banks have $650 billion Exposure to Ireland; Germany’s Economy Minister says "EU Cannot Throw Money from Helicopters"
- European hedge fund stars profit in buoyant January; Float on ECB Cash
2013-02-03 — zerohedge.com
``With all of the above, anyone who was wondering where all those hundreds of billions in Fed cash created out of thin air were going now knows the answer: straight into the coffers of mostly European banks operating in the US.''
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