Category: Corruption

ECB Gets Clocked by the Two Biggest German Banks

ECB Gets Clocked by the Two Biggest German Banks

by Wolf Richter, Wolf Street A government-backed Revolt against NIRP-Obsessed Draghi On the fateful day of June 8, when the ECB began buying euro-denominated corporate bonds, some of which now trade in negative-yield absurdity, the two biggest German banks counter-attacked in...