David Buick

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Last quote by David Buick

Certainly the EU knew that their indecision had cost the market a lot of security, enormous amount of liquidity. We were terribly worried we were going back to 2008 when there was no money around. A decisive action on their part is very well received, not so much the package from the EU which is a backstop, but the fact that the ECB (European Central Bank) is prepared to stand there and buy in bonds, we need to know how much, but it's such a positive thing for the market.feedback
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May 10 2010
David Buick has most recently been quoted in an article called Markets react positively to EU bailout. David Buick said, “Certainly the EU knew that their indecision had cost the market a lot of security, enormous amount of liquidity. We were terribly worried we were going back to 2008 when there was no money around. A decisive action on their part is very well received, not so much the package from the EU which is a backstop, but the fact that the ECB (European Central Bank) is prepared to stand there and buy in bonds, we need to know how much, but it's such a positive thing for the market.”.
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