Financial Times "Investors in commercial paper go on strike"

Sep 11 07

Financial Times writes "Investors in commercial paper go on strike". The FT says, "Investors and financiers linked to the asset-backed commercial paper market will stage a transatlantic debate about ways to end the current crisis in the global money markets.... One crucial factor behind the current money markets crisis is that the financial investors that have typically been purchasing ABCP notes have in effect - but silently - gone on strike in recent weeks."

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