Tag: london interbank offered rate
Playing Bluffmaster with the U.S. banks
Published on August 29, 2008
“I can see Morgan Stanley on one side… Citigroup, and Lehman are there too. And they are all bluffing about what they’re holding, and everyone playing knows it.” — Charles Delvalle
by Charles Delvalle
Baltimore — (TFN): Every time I think about the world financial system, I keep coming [...]
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