What the hell is going on here?
Since the Federal Reserve and the US Treasury Deparment have made it clear that they will be bailing out European banks, why is more money needed for this scheme?
Will US banks and those on the continent engage in some type of complex scheme, where their books show "illiquid" assets to be bought by the US, then have those transferred to Europe, so they will collect twice on this blackmail scheme?
And other than Australia, there doesn't seem to be a lot of these troubles confronting banks in the Southern Hemisphere.
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