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21/04/08
21:08
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i dont go in for bank bashing
my view is that they should be provide considerable liquidity..in difficult times ..when traditional markets faulter
you dont want a bank panicing..it is the over reaction of banks during fiscal tightening that induce credit squeezes/crashs
centro needs time ..and a market which is repairing itself largely all the Named failures could be worked through as long as no one panics
August to now..seriously stressfull for bankers..and everyone in the market
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