credit crunch

Banks take advantage of ECB lending

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Dec 21, 2011

The European Central Bank initiated a plan to stop a credit crunch in Europe, and demand for cheap money has exceeded expectations.

Posted In: Europe debt crisis, credit crunch, banking

Markets react well to help from world's central banks

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Heidi N. Moore

Dec 1, 2011

The Dow had its best day in almost three years yesterday following the news that central banks around the world would help ease the credit crunch.

Posted In: European Central Bank, credit crunch, Mario Draghi

Central banks announce joint plan to avoid credit crunch

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Heidi N. Moore

Nov 30, 2011

To increase liquidity, the European Central Bank and the Federal Reserve are teaming up.

Posted In: Europe debt crisis, European Central Bank, Federal Reserve, credit crunch

The Fed, ECB team up to give banks more access to cash

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Josh Brown

Nov 30, 2011

Central banks from around the world have reached a deal that they hope will increase liquidity and avoid global recession.

Posted In: Federal Reserve, European Central Bank, credit crunch

PODCAST: Central banks join forces

Mary Dooe

Nov 30, 2011

The European debt crisis spreads to American banks. The National Labor Relations Board could speed up the process for elections. In light of recent scandals, universities are taking a closer look at candidates before hiring them on. And the end of Napster has finally come.

Posted In: European Central Bank, Federal Reserve, credit crunch