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Or not.

Dueling headlines, both from the Associated Press:

ECB's Draghi: Bank may intervene on bonds (this is the one that claims a clear message)

Draghi authority tarnished as Germany blocks plan

(Top piece by David McHugh, bottom by Colleen Barry.)

Re: Update

Date: 2012-08-03 02:33 pm (UTC)
From: [identity profile] dubdobdee.livejournal.com
http://ftalphaville.ft.com/blog/2012/08/02/1105721/was-draghi-really-a-disaster/

^^^Can't pretend I follow much (or indeed any) of this, but I saw several people linking to it as perceptive today.

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Frank Kogan

July 2025

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