Update (Aug 18, 2011): Panic Hits World Financial Markets. Again.
5:00 PM Update: “Must read” articles on Fed getting Concerned about European bank liquidity problems. WSJ: Fed eyes European banks FT Alphaville: Should the New York Fed be worried about European banks? For us, though, the most interesting part of the WSJ article is its end, which includes some raw data on European banks’ US […]