Bank capital is about price, not quantity
September 13, 2010 at 08:02 AM EDT
As previously discussed, there is no numerical limit to the amount of available bank capital. It’s about price, not quantity. Borrowing by Europe’s banks soars September 12 (FT) — European banks are borrowing at their fastest rate in almost six months and are set to continue exploiting a positive market mood in spite of longer-term funding concerns [...]