According to Robert Peston, BBC, The underlying illness remains in the financial system, as manifested in the record amounts banks were charging each other yesterday for lending to each other for three months.
Friday, 10 October 2008
Day of reckoning on Credit Default Swaps, 10th Oct 2008
According to Robert Peston, BBC, The underlying illness remains in the financial system, as manifested in the record amounts banks were charging each other yesterday for lending to each other for three months.
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