[Isn’t this what shareholder lawsuits were designed for?] “SNB’s eurozone bond purchases to July represented 48 percent of the European public sector’s financing needs, S&P said, up from about 9.0 percent in 2011.  The SNB’s policy is against a background of inflows of funds placed in the Swiss franc by foreign investors concerned about the eurozone debt crisis.  While the report cautioned that its estimates were subject to uncertainty since the SNB did not detail its foreign exchange holdings by country, ‘the scale of the buying is without question extensive.'”

http://www.thelocal.ch/page/view/swiss-central-bank-buys-eurozone-debt

The SNB’s increasingly tangled web

http://ftalphaville.ft.com/blog/2012/09/25/1176371/the-snbs-increasingly-tangled-web/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy