Culprits, the - let's all kick out and make a sound...


Eonia is not a posted rate where banks would like to do business, such as Libor, but a weighted average index of actual trading in unsecured overnight money. It's a real number, not an aspiration or an advertisement. It hugs the European Central Bank's deposit rate, which is the fixed rate the ECB charges for commercial banks to place money with the central bank. The fact that it measures reality might suggest that the recent jump signals a deep problem in one corner of Europe's financial plumbing.

Breed Specific Legislation has its fair share of supporters and opponents, and each side tends to be quite passionate about its position.


Culprits, The - Let's All Kick Out And Make A Sound...Culprits, The - Let's All Kick Out And Make A Sound...Culprits, The - Let's All Kick Out And Make A Sound...Culprits, The - Let's All Kick Out And Make A Sound...

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