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Post# of 42555
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Wednesday, 06/30/2010 7:43:56 AM

Wednesday, June 30, 2010 7:43:56 AM

Post# of 42555
here is an article that is misleading that i wanted to bring to your attention.....
European Banks Seek Less ECB Cash Than Estimated
The European Central Bank said it will lend banks 131.9 billion euros ($161.5 billion) for three months, less than economists forecast and a sign that the region’s financial industry may be stronger than investors estimated.

chief European economist at Fortis Bank NV in Amsterdam. “It suggests that while there are certainly stresses in the system in some regions, it’s not as bad across the board as many people thought.”......


BULL,BULL,Bull......
just last week the news was swiss and euro are stopping the buying and selling of euros because they are running out of money....that article in my opinion is manipulated to show a distorted view of the real picture which is they dont have the money to lend after the greek bailout..

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