Europe Balks, ECB Steps In Again - Forbes.com

Europe Balks, ECB Steps In Again - Forbes.com: "That was the first time since the Sept. 11, 2001, terrorist attacks that the ECB had intervened with such a large amount, and 49 banks borrowed a total $130 billion. (See: ' ECB Quenches Europe's Liquidity Thirst') About an hour after the funds were made available, 62 banks had bid for loans from the Central Bank ,for a total of 61 billion euros ($83 billion). "