Monday, July 12, 2010

Crisis Awaits World’s Banks as Trillions Come Due

Crisis Awaits World’s Banks as Trillions Come Due - NYTimes.com
"The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years."

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