17, 2008. To calm central banks around the world to pump billions of dollars into money markets in a coordinated supply and stabilize financial markets. The European Central Bank said it had joined with the Federal Reserve, Bank of Canada, the Bank of England to pump to the Bank of Japan and the Swiss National Bank more money into the financial system. Credit markets have tightened since Monday after the weekend collapse of investment bank Lehman Brothers, and central banks, which already ...
http://www.youtube.com/watch?v=Rau8dny7xpM&hl=en
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