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The ECB was not doing their job. What American institutions were being saved, when it was the French banks that had the liquidity problems? Who was rescued from the impending doom of missing payments on USD interest rate swaps?

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Migeru (migeru at eurotrib dot com) on Sat Mar 17th, 2012 at 07:26:44 PM EST
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