Mario Draghi looks to be a master at finding ways around the rules. The ECB can't buy bonds...

|By:, SA News Editor

Mario Draghi looks to be a master at finding ways around the rules. The ECB can't buy bonds directly from governments, so it does LTRO instead; and the ECB can't sell its Greek holdings at less than face value to the EFSF, but Draghi says it is allowed to distribute the profit it makes from those holdings to governments.