A rift opens between EU policymakers and the IMF over the Fund's call for banks to raise €200B...


A rift opens between EU policymakers and the IMF over the Fund's call for banks to raise €200B in capital. The EU prefers to rely on this summer's stress tests, which showed banks need to raise just €2.5B. Goldman also chimes in, positing the true figure is about €1T. This one should end well.

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Comments (2)
  • WMARKW
    , contributor
    Comments (10786) | Send Message
     
    My historical experience is that when you see these kinds of divisions over these serious issues and the numbers everyone is spouting are so wildly different....you can rest assured that things are always worse than the worst case and everyone is lying. The real number is probably an astronomical $2 Trillion - and every insider knows there is no way to fix the problem.
    1 Sep 2011, 05:18 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
     
    London Telegraph now has article about some $2 trillion plan by France and Germany being developed.
    24 Sep 2011, 04:14 PM Reply Like
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