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« Counterparty Friday | Main | An interesting distinction »

A busy weekend

...which saw the Fortis bank deal collapse and then recover, leaving BNP holding the reins - and creating a €10 billion toxic waste SPV...

... and saw the US bailout finally pass the House - and have apparently no impact at all...

...the Fed follows the Bank of England in opening its pockets still further, but with no effect on the panicked interbank market...

Any good news? ...Oil's well down...

Posted by Alexander Campbell on October 6, 2008 3:08 PM |

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