The European Central Bank's decision to relax bank funding rules to mirror conditions last seen after Lehman Brothers Holdings Inc.'s collapse signals hard times for lenders.Obviously Europe's bankers and Traitor Politicians have panicked; given they have duplicated their actions from that 2008 crisis, which (at the time) represented the most extreme, reckless financial policies ever undertaken by our governments.
"The soup kitchen for impoverished euro-zone banks is re- opening," said Simon Maughan, a strategist at Olivetree Securities Ltd. in London.
The Secret Panic of the Euro Banks: Opinion
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