Relevant:
- Fed May Expand Funding in a `Mother of Year-Ends'
- Get Used to Selloffs, Central Bankers Say as They Fret about the Terrifying Moment When Liquidity Evaporates | Wolf Street
- The Greek Bank Runs Have Begun: Two Greek Banks Request Emergency Liquidity Assistance
- The Fed and other central banks stepping in with huge coordinated liquidity measures
- Credit Crisis Will Extend Into 2009, Oppenheimer Says
2008-09-11 — nakedcapitalism.com
"We noted a few weeks ago that between large amounts of short term financial firm debt maturing in the third and fourth quarters, banks still leery of lending to each other, and liquidity always lower at year end (banks pull back from the market to square off their books), this November-Decemeber looks to be even worse than last year, which was bad enough to lead to emergency intervention."
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