French bank stress spreads across money markets
NEW YORK (Reuters) - Fears about the health of French banks intensified the scramble for U.S. dollars on Thursday and drove up European banks' borrowing costs to levels not seen since the 2007-2009 global credit crisis.
Richard Leong and Karen Brettell
NEW YORK
Thu Aug 11, 2011 2:39pm EDT
link-
http://www.reuters.com/article/2011/08/11/us-markets-money-idUSTRE77A5KG20110811