Avoiding Credit Crunch

Draghi Slams Virility Statements as Bankers Shun ECB LoansEuropean Central Bank President Mario Draghi lashed out at bankers who said tapping the ECB’s three-year-loan program carries a stigma, after executives including Deutsche Bank AG’s Josef Ackermann said they shunned the loans.BusinessWeek - Feb 12 08:39pm
If profits rise, it's thanks to the bankers' talent; when they fall, it's always someone else's faultFew publicly support rewards for failure: but 'success' is proving a very elastic concept when it comes to calculating bonuses Another week, another bonus row – this time for Barclays boss Bob Diamond, who testily refused to say whether he would be taking a payout when the bank announced l ess than sparkling financial results on Friday . Unlike RBS, where Stephen Hester reluctantly succumbed to ...The Observer - Feb 13 08:03am
Greek debt deal edges closer as talks restartThe chief negotiator representing Greece's international creditors was recalled to Athens on Friday night for crunch talks to try to secure a bondholder agreement over the weekend.Telegraph via Yahoo! UK & Ireland Finance - Feb 03 03:46pm
America's Clinton throws weight behind euro as Greek debt deal edges closerHilary Clinton and Angela Merkel have voiced confidence that Europe can solve its financial crisis, as Greece's international creditors entered crunch talks in Athens.Telegraph via Yahoo! UK & Ireland Finance - Feb 04 01:00pm

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