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European Central Bank (ECB) could topple Spain’s financial sector

August 26, 2008 · Filed Under International Investing · Comments 
"There’s a bombshell being delivered here - the European Central Bank is about to stop bailing out eurozone commercial banks. And that could mean another big lender going ‘bust’." — David Stevenson Blogger’s note: Just like in the U.S. and UK, the European Union’s state bank has been extending easy credit to prevent "temporary" illiquidity in [...]

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