A cheap cash binge worth noting
5:22 PM 03/01/2012
These days, billions of dollars is spoken of as pocket change. A by-product of massive government debt burdens and decades of cheap cash from central banks is the notion that, while solvency might be important, liquidity should be easy to find. Particularly for financial institutions, the official state position appears determined to prohibit cash flow issues from developing on a serious scale.
