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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (214294)8/5/2009 11:01:44 PM
From: renovatorRespond to of 306849
 
BC--When you weren't looking last year, while Northern Rock was taking all the headlines, the ECB made a very quiet arrangement for an open window to troubled banks. At the time Santander and other Spanish banks were thought to be the prime takers. The FT had quite a bit commentary on it. Sorry, I don't have any recent links.



To: Perspective who wrote (214294)8/6/2009 1:03:23 PM
From: ChanceIsRead Replies (1) | Respond to of 306849
 
This is a family board. We don't talk about STDs here.

Interesting catch.



To: Perspective who wrote (214294)8/6/2009 2:09:09 PM
From: RockyBalboaRespond to of 306849
 
This is what europeans call "full recovery". FWIW, Santander also purchased the consumer credit activities from GE which serve customers with low quality, charging higher interest rates. the money bank has reportedly lost money due to high chargeoffs despite they charge very high fees and interest rates.

eur-lex.europa.eu


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