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Klaus Regling, the CEO of the EFSF admits the week's events have left him with less confidence...

Klaus Regling, the CEO of the EFSF admits the week's events have left him with less confidence the rescue fund can be leveraged to $1T in firepower. Having trouble raising long-term cash, the fund is taking steps to be able to offer short-term bills and expects an auction of the paper before year's end.
Comments (2)
  • quinnman
    , contributor
    Comments (104) | Send Message
     
    Look out below!
    10 Nov 2011, 03:31 PM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Italy now has 2.5 T in debt alone. Good luck with that leverage.
    10 Nov 2011, 03:39 PM Reply Like
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