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Ha ha ha... La Fed a sans doute sauvé le Crédit Agricole, ce qui confirme ce que vous avez vu la semaine passée sur cette page, à savoir "seule la Fed peut sauver l'Europe"... Regardez ce qu'ont écrit Zero Hedge et Forbes: "Did a big European bank come close to failing last night? European banks, especially French banks, rely heavily on funding in the wholesale money markets ... The Federal Reserve, the Bank of England, European Central Bank, the Bank of Japan, the Swiss National Bank, and the Bank of Canada in a coordinated action moved to provide liquidity to the global financial system. "These are the type of actions that were being taken during the financial crisis in 2008. Now most knowledgeable experts agree that not rescuing Lehman Brothers was a mistake. The authorities are not about to make the same mistake again. The only explanation for the massive action is that central banks were concerned about a pending failure that is not publically known". De son côté, Zero Hedge a titré "Dollar Libor Market Hints 66x Leveraged Credit Agricole Was Bank X".

Effet levier 66... Ouaaa Et pourquoi pas 666 pendant qu'on y est? "Given Credit Agricole's notably weak Tangible Common Equity Ratio ... it is hard not to suspect the global stick-save was instigated because this 1,59 trillion dollars asset-heavy bank was on the verge of failure. Credit Agricole's borrowing rate has been an outlier for the last few weeks suggesting, given the dollar funding stresses we know exist, a far greater desire to borrow USD than the rest of the motley Libor crew". Rappellez-vous, cet été on a vu que 3 banques french ont été mises à l'index sur le marché des dollars... Ce qui explique selon ZH pourquoi le CA paye une surcote de 15%: "Avec un levier x66, it is perhaps no wonder the massive French bank was willing to pay up to 13bps more for 3 million USD than the average Libor in early November, and still 7bps more (around a 15% premium)". Groupama sauvée par la Caisse des Dépôts, le Crédit Agricole par la Fed et autres banques centrales, tout ceci sent les seaux d'eau et de sable versés sur un immeuble de 50 étages en flammes... Et on ne parle même pas de l'euro et de son Niéme expérience aux frontières de la mort. Ca sent la fin de règne. A vos seaux et pelles... Nouvelle capitale de la France: les Sables d'Olonne. Revue de Presse par Pierre Jovanovic © www.jovanovic.com 2008-2011

Tag(s) : #Crise de l'Euro

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