Follow John on Twitter @ twitter.com/Carney
Follow NetNet on Twitter @ twitter.com/CNBCnetnet
Facebook us @ www.facebook.com/NetNetCNBC
Skip navigation #headerOverlay{ color: #ccd6df; font-size:11px; line-height:130%; } #headerOverlay strong{ color: #ffd226; } #headerOverlay a {color:#ccd6df;text-decoration:none;} #headerOverlay a:hover {color:#ffd226;} #headerOverlay a:visited {color:#ccd6df;} #headerOverlay a:visited:hover {color:#ffd226;} Symbol Lookup onloadAutoSuggest(); var pgValue = "CNBSEB"; var cmsKeyWord = "alternative investing"; var cmsNewPG = "CNBWAB"; if ((cmsKeyWord.length > 0) && (cmsNewPG.length > 0)) { var newPG = cmsNewPG.split(';'); var group = cmsKeyWord.split(';'); if (newPG.length == group.length) { var description = cnbc_pagedesc.toLowerCase(); for(var x = 0; x < group.length; x++) { var keyWord = group[x].split('|'); for (var j = 0; j < keyWord.length; j++) { if (description.indexOf(keyWord[j].toLowerCase()) != -1) { pgValue = newPG[x]; j = keyWord.length; x = group.length; }}}}} if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(88,31,pgValue); } else { dapMgr.enableACB("SearchBox88x31",false); dapMgr.renderAd("SearchBox88x31","&PG=" + pgValue + "&AP=1071&PN=CNBC",88,31); } cnbc_displayUsername("cnbc_usertime","cnbc_username");RegisterSign InMember CenterSign OutRegistercnbc_toggleUserState();HOMENEWSMARKETSEARNINGSINVESTINGSMALL BUSINESSVIDEOCNBC TVCNBC PROU.S.Asia-PacificEuropeEconomyEnergyPoliticsTechnologyBlogsSlideshowsSpecial Reports if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(728,90,"CNBGE7"); } else { dapMgr.enableACB("USNewsBlogs728",false); dapMgr.renderAd("USNewsBlogs728","&PG=CNBGE7&AP=1390&PN=CNBC",728,90); } NetOccupationally Hazardous. var cnbcSubHeaderId = document.getElementById('subheader_'+ 38911124); cnbcSubHeaderId.innerHTML = document.getElementById('renderReaderContent').innerHTML; Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 45166246Central Banks to the Rescue? What Their Action Means cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); Wall Street Women and Plastic Surgery cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "45166246_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "45166246_2","cnbcCommentsTxt" ); Was There a Madoff Inside of MF Global? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45657124", "45166246_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45657124", "45166246_3","cnbcCommentsTxt" ); Why Do Banks Fail Together In A Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "45166246_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "45166246_4","cnbcCommentsTxt" ); Has the Bank Run Begun in Europe? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); Five Reasons for Investors to Head for the Sidelines cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); Are Traders Cheering For the Market to Go Down? cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); The Fed Wants to Be Your Facebook Friend cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); MF Global's Bad Check cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); Translating Bill Gross: The Debt Trap cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(300,900,"CNBGE3"); } else { dapMgr.enableACB("USNewsBlogs300x250",false); dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900); } Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 38910464Expiration DateTime: 12/21/2011 1:39:44 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Banks Not Lending? Corporate Borrowing Soars in 2011 cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740898", "38910464_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740898", "38910464_1","cnbcCommentsTxt" ); Bill Gross's Argument Against Low Interest Rates cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740122", "38910464_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740122", "38910464_2","cnbcCommentsTxt" ); Why is the Government Treating Insider Traders Like Mobsters? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45738422", "38910464_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45738422", "38910464_3","cnbcCommentsTxt" ); The ECB's Smart Moves cnbc_commentCountMapObj.cnbc_commentCountMap_put("45737167", "38910464_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45737167", "38910464_4","cnbcCommentsTxt" ); Taxpayers Will Foot the Bills of Fannie, Freddie Defendants cnbc_commentCountMapObj.cnbc_commentCountMap_put("45736690", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45736690", "38910464_5","cnbcCommentsTxt" ); Sorry Wall Street, But It Looks Like the Fed Says Basel Regulations Are a Go cnbc_commentCountMapObj.cnbc_commentCountMap_put("45726147", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45726147", "38910464_6","cnbcCommentsTxt" ); Why The European Debt Crisis Might Actually Be Over... cnbc_commentCountMapObj.cnbc_commentCountMap_put("45722981", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45722981", "38910464_7","cnbcCommentsTxt" ); SEC Charges 'Rudy' In Pump and Dump Scheme cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701334", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701334", "38910464_8","cnbcCommentsTxt" ); Could Dan Mudd Resign as Fortress CEO? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701207", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701207", "38910464_9","cnbcCommentsTxt" ); Is the Public Tired of Donald Trump? Book Sales Say Yes. cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701529", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701529", "38910464_10","cnbcCommentsTxt" ); The Hottest Question in Europe: Did The ECB Just Pull Off A Back-Door Bailout That Will End the Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_11","cnbcCommentsTxt" ); Europe's Periphery Already Shut Out of Credit Markets cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_12","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_12","cnbcCommentsTxt" ); Europe Wakes Up to Monetary Contraction cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_13","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_13","cnbcCommentsTxt" ); Why Gold Prices Are Falling Again cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_14","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_14","cnbcCommentsTxt" ); The 'Romance' of Homelessness in NYC cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_15","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_15","cnbcCommentsTxt" ); Europe's Problem: Bad Investments cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Email: document.write("");document.write("NetNet"+"@"+"cnbc.com");document.write('');Call: 201-735-iNet (4638)Text Message: Text NETNET followed by your tip to 26221. Current DateTime: 01:36:20 21 Dec 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 38852222John Carney Cadie Thompson Jeff Cox Stephanie Landsman Lori Spechler Lori Ann LaRocco Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street' The Greatest Trades of All Time Rogue Trading: A How-To Guide 25 Things Every Wall Street Intern Should Know Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 38910635Expiration DateTime: 12/21/2011 1:39:35 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); Strong Take Up of European Central Bank Loans Expected cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747201", "38910635_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747201", "38910635_1","cnbcCommentsTxt" ); N. Korea Military Back Kim's Heir but Will Rule Together cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747722", "38910635_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747722", "38910635_2","cnbcCommentsTxt" ); Ex-UBS Trader Fraud Case Delayed After Legal Switch cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747701", "38910635_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747701", "38910635_3","cnbcCommentsTxt" ); HSBC Sells Japan Private Banking Unit to Credit Suisse cnbc_commentCountMapObj.cnbc_commentCountMap_put("45746127", "38910635_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45746127", "38910635_4","cnbcCommentsTxt" ); Moody's Warns of Euro Crisis Threat to UK's Rating cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747480", "38910635_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747480", "38910635_5","cnbcCommentsTxt" ); MF Global U.S. Trustee Pursuing $700 Million in UK cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747655", "38910635_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747655", "38910635_6","cnbcCommentsTxt" ); China Tells Off Batman Star for 'Creating News' cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748324", "38910635_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748324", "38910635_7","cnbcCommentsTxt" ); US Removes Baidu From 'Notorious Markets' List cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747609", "38910635_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747609", "38910635_8","cnbcCommentsTxt" ); Tokio Marine to Buy Delphi Financial for $2.7 Billion cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748279", "38910635_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748279", "38910635_9","cnbcCommentsTxt" ); Greenhill Managing Directors Among 5 Killed in Crash cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740472", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740472", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); » HelpCurrent DateTime: 01:36:21 21 Dec 2011LinksList Documentid: 38851925Subscribe to this RSS feed setDefault('cnbc_textbody');The ECB's Smart Moves Published: Tuesday, 20 Dec 2011 | 11:11 AM ET Text Size By: John CarneySenior Editor, CNBC.com #divButtons .gig-button-container-facebook-like {margin-right:-2px;} #divButtons .gig-button-container-twitter {margin-right:15px;} #divButtons .gig-button-container-google-plusone {margin-right:-16px;} #divButtons .gig-button-container-linkedin {margin-right:17px;} var params ={ userAction:ua, shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}], containerID: 'divButtons'} if (navigator.userAgent.indexOf("MSIE 6") cnbc_init_droparrows('menu_arrow_','img',cur_navSect); cnbc_getCommentsCount(cnbc_commentCountStr) ; Current DateTime: 08:26:12 20 Dec 2011LinksList Documentid: 29778429CNBC NEWSU.S. NewsAsia-Pacific NewsEurope NewsEconomyEnergyGreenTechnologyBlogsWiresSlideshowsSpecial ReportsCorrections Current DateTime: 08:26:12 20 Dec 2011LinksList Documentid: 29778428MARKETSPre-MarketsWorld MarketsStocksDow 30CommoditiesCurrenciesBondsFunds Current DateTime: 08:26:12 20 Dec 2011LinksList Documentid: 29779196EARNINGSNewsCalendarSurprisesHighlightsIdeas Current DateTime: 08:26:12 20 Dec 2011LinksList Documentid: 29779197INVESTINGStock BlogPersonal FinancePortfolio (Beta)WatchlistStock ScreenerFund ScreenerEarnings Screener Current DateTime: 08:26:12 20 Dec 2011LinksList Documentid: 29779200VIDEOLatest VideoTop VideoU.S. VideoAsia-Pacific VideoEurope VideoCEO InterviewsAnalyst InterviewsCNBC ProCurrent DateTime: 11:11:01 20 Dec 2011LinksList Documentid: 29779199CNBC TVCNBC U.S.CNBC Asia-PacificCNBC EuropeCNBC WorldCNBC HD+Channel FinderCurrent DateTime: 08:26:12 20 Dec 2011LinksList Documentid: 29779198MORECNBC 360CNBC Mobile WebsiteRSSReal-Time Quotes and Extended HoursLatest Press ReleasesAbout CNBC | Site Map | Video Reprints | Advertise | Help | ContactPrivacy Policy | div.FOOTMC_BI {padding: 5px 10px 5px 10px; text-align:left; line-height:25px;} a#_bapw-link span {margin: 0 0 0 5px !important;} | Terms of Service | Independent Programming Report Data is a real-time snapshot *Data is delayed at least 15 minutesGlobal Business and Financial News, Stock Quotes, and Market Data and Analysis© 2011 CNBC LLC. All Rights Reserved. var scodePath = cnbc_tickerDataPath + "/js/s_code.js"; s_linkInternalFilters="javascript:,cnbc.com"; var s_account="nbcuglobal, nbcucnbcd, nbcucnbcbu"; var s_prop8 ="cnbc"; var s_prop9 ="cnbc.com"; var s_prop10=cnbc_sectionName; var s_prop31=cnbc_topSection; var s_prop32=cnbc_subSection; var s_prop33=cnbc_subSubSection; var s_prop34=cnbc_microSection; var s_prop35=cnbc_nanoSection; var s_prop36=cnbc_docid; var s_prop37=cnbc_doctype; var s_prop38=cnbc_doclayout; var s_prop39=cnbc_docsource; document.write(''); try { cnbc_init_services(); cnbc_highlightSubText(cnbc_docid,"sub_active"); } catch(e){} cnbcSwitchOnRemember("cnbcStreamQuoteMasterToggleRememberSwitch"); setTimeout("cnbc_comboQuoteMoveRun()",10); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(1,1,"CNBNE0"); } else { dapMgr.enableACB("news1x1",false); dapMgr.renderAd("news1x1","&PG=CNBNE0&AP=&PN=CNBC",1,1); }Follow John on Twitter @ twitter.com/Carney
Follow NetNet on Twitter @ twitter.com/CNBCnetnet
Facebook us @ www.facebook.com/NetNetCNBC
Skip navigation #headerOverlay{ color: #ccd6df; font-size:11px; line-height:130%; } #headerOverlay strong{ color: #ffd226; } #headerOverlay a {color:#ccd6df;text-decoration:none;} #headerOverlay a:hover {color:#ffd226;} #headerOverlay a:visited {color:#ccd6df;} #headerOverlay a:visited:hover {color:#ffd226;} Symbol Lookup onloadAutoSuggest(); var pgValue = "CNBSEB"; var cmsKeyWord = "alternative investing"; var cmsNewPG = "CNBWAB"; if ((cmsKeyWord.length > 0) && (cmsNewPG.length > 0)) { var newPG = cmsNewPG.split(';'); var group = cmsKeyWord.split(';'); if (newPG.length == group.length) { var description = cnbc_pagedesc.toLowerCase(); for(var x = 0; x < group.length; x++) { var keyWord = group[x].split('|'); for (var j = 0; j < keyWord.length; j++) { if (description.indexOf(keyWord[j].toLowerCase()) != -1) { pgValue = newPG[x]; j = keyWord.length; x = group.length; }}}}} if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(88,31,pgValue); } else { dapMgr.enableACB("SearchBox88x31",false); dapMgr.renderAd("SearchBox88x31","&PG=" + pgValue + "&AP=1071&PN=CNBC",88,31); } cnbc_displayUsername("cnbc_usertime","cnbc_username");RegisterSign InMember CenterSign OutRegistercnbc_toggleUserState();HOMENEWSMARKETSEARNINGSINVESTINGSMALL BUSINESSVIDEOCNBC TVCNBC PROU.S.Asia-PacificEuropeEconomyEnergyPoliticsTechnologyBlogsSlideshowsSpecial Reports if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(728,90,"CNBGE7"); } else { dapMgr.enableACB("USNewsBlogs728",false); dapMgr.renderAd("USNewsBlogs728","&PG=CNBGE7&AP=1390&PN=CNBC",728,90); } NetOccupationally Hazardous. var cnbcSubHeaderId = document.getElementById('subheader_'+ 38911124); cnbcSubHeaderId.innerHTML = document.getElementById('renderReaderContent').innerHTML; Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 45166246Central Banks to the Rescue? What Their Action Means cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); Wall Street Women and Plastic Surgery cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "45166246_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "45166246_2","cnbcCommentsTxt" ); Was There a Madoff Inside of MF Global? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45657124", "45166246_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45657124", "45166246_3","cnbcCommentsTxt" ); Why Do Banks Fail Together In A Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "45166246_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45615762", "45166246_4","cnbcCommentsTxt" ); Has the Bank Run Begun in Europe? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); Five Reasons for Investors to Head for the Sidelines cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); Are Traders Cheering For the Market to Go Down? cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); The Fed Wants to Be Your Facebook Friend cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); MF Global's Bad Check cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); Translating Bill Gross: The Debt Trap cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(300,900,"CNBGE3"); } else { dapMgr.enableACB("USNewsBlogs300x250",false); dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900); } Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 38910464Expiration DateTime: 12/21/2011 1:39:44 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Banks Not Lending? Corporate Borrowing Soars in 2011 cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740898", "38910464_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740898", "38910464_1","cnbcCommentsTxt" ); Bill Gross's Argument Against Low Interest Rates cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740122", "38910464_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740122", "38910464_2","cnbcCommentsTxt" ); Why is the Government Treating Insider Traders Like Mobsters? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45738422", "38910464_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45738422", "38910464_3","cnbcCommentsTxt" ); The ECB's Smart Moves cnbc_commentCountMapObj.cnbc_commentCountMap_put("45737167", "38910464_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45737167", "38910464_4","cnbcCommentsTxt" ); Taxpayers Will Foot the Bills of Fannie, Freddie Defendants cnbc_commentCountMapObj.cnbc_commentCountMap_put("45736690", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45736690", "38910464_5","cnbcCommentsTxt" ); Sorry Wall Street, But It Looks Like the Fed Says Basel Regulations Are a Go cnbc_commentCountMapObj.cnbc_commentCountMap_put("45726147", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45726147", "38910464_6","cnbcCommentsTxt" ); Why The European Debt Crisis Might Actually Be Over... cnbc_commentCountMapObj.cnbc_commentCountMap_put("45722981", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45722981", "38910464_7","cnbcCommentsTxt" ); SEC Charges 'Rudy' In Pump and Dump Scheme cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701334", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701334", "38910464_8","cnbcCommentsTxt" ); Could Dan Mudd Resign as Fortress CEO? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701207", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701207", "38910464_9","cnbcCommentsTxt" ); Is the Public Tired of Donald Trump? Book Sales Say Yes. cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701529", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45701529", "38910464_10","cnbcCommentsTxt" ); The Hottest Question in Europe: Did The ECB Just Pull Off A Back-Door Bailout That Will End the Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_11","cnbcCommentsTxt" ); Europe's Periphery Already Shut Out of Credit Markets cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_12","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_12","cnbcCommentsTxt" ); Europe Wakes Up to Monetary Contraction cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_13","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_13","cnbcCommentsTxt" ); Why Gold Prices Are Falling Again cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_14","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_14","cnbcCommentsTxt" ); The 'Romance' of Homelessness in NYC cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_15","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_15","cnbcCommentsTxt" ); Europe's Problem: Bad Investments cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Email: document.write("");document.write("NetNet"+"@"+"cnbc.com");document.write('');Call: 201-735-iNet (4638)Text Message: Text NETNET followed by your tip to 26221. Current DateTime: 01:36:20 21 Dec 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 38852222John Carney Cadie Thompson Jeff Cox Stephanie Landsman Lori Spechler Lori Ann LaRocco Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street' The Greatest Trades of All Time Rogue Trading: A How-To Guide 25 Things Every Wall Street Intern Should Know Current DateTime: 01:37:57 21 Dec 2011LinksList Documentid: 38910635Expiration DateTime: 12/21/2011 1:39:35 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); Strong Take Up of European Central Bank Loans Expected cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747201", "38910635_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747201", "38910635_1","cnbcCommentsTxt" ); N. Korea Military Back Kim's Heir but Will Rule Together cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747722", "38910635_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747722", "38910635_2","cnbcCommentsTxt" ); Ex-UBS Trader Fraud Case Delayed After Legal Switch cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747701", "38910635_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747701", "38910635_3","cnbcCommentsTxt" ); HSBC Sells Japan Private Banking Unit to Credit Suisse cnbc_commentCountMapObj.cnbc_commentCountMap_put("45746127", "38910635_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45746127", "38910635_4","cnbcCommentsTxt" ); Moody's Warns of Euro Crisis Threat to UK's Rating cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747480", "38910635_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747480", "38910635_5","cnbcCommentsTxt" ); MF Global U.S. Trustee Pursuing $700 Million in UK cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747655", "38910635_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747655", "38910635_6","cnbcCommentsTxt" ); China Tells Off Batman Star for 'Creating News' cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748324", "38910635_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748324", "38910635_7","cnbcCommentsTxt" ); US Removes Baidu From 'Notorious Markets' List cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747609", "38910635_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45747609", "38910635_8","cnbcCommentsTxt" ); Tokio Marine to Buy Delphi Financial for $2.7 Billion cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748279", "38910635_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45748279", "38910635_9","cnbcCommentsTxt" ); Greenhill Managing Directors Among 5 Killed in Crash cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740472", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45740472", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); » HelpCurrent DateTime: 01:36:21 21 Dec 2011LinksList Documentid: 38851925Subscribe to this RSS feed setDefault('cnbc_textbody');The ECB's Smart Moves Published: Tuesday, 20 Dec 2011 | 11:11 AM ET Text Size By: John CarneySenior Editor, CNBC.com #divButtons .gig-button-container-facebook-like {margin-right:-2px;} #divButtons .gig-button-container-twitter {margin-right:15px;} #divButtons .gig-button-container-google-plusone {margin-right:-16px;} #divButtons .gig-button-container-linkedin {margin-right:17px;} var params ={ userAction:ua, shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}], containerID: 'divButtons'} if (navigator.userAgent.indexOf("MSIE 6") Read Full Article »