Word: trichet
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...services company, says it broke no rules, but it's under investigation by German prosecutors and British regulators, and the company has put the traders involved on leave of absence. Last week European Central Bank president Jean-Claude Trichet called for a "thorough" inquiry, while newspapers published internal memos that discussed strategies to "kill off" rivals - one scheme was reportedly dubbed "Dr. Evil" by the firm's staff, after the Austin Powers villain. Such language is typical. Bond trading "is like a blood sport," says Cari Lynn, who spent two years trading and has just written a book about...
...euro, hurting European exports. Wolfgang Clement, the German Economy Minister, said the European Central Bank should "do its part to calm the situation." But don't expect large-scale international intervention anytime soon; the U.S. shows no signs of being unhappy about the trend. Still, ECB president Jean-Claude Trichet "is caught between a rock and a hard place," reckons Credit Suisse First Boston economist Neville Hill: buoyant oil prices are contributing to higher inflation, but the bank can't raise rates because that would further strengthen the euro. Right now, the most Trichet can do is complain. Dividing...
...JEAN-CLAUDE TRICHET, European Central Bank president, on progress among the E.U.'s 10 newest members toward adopting the euro
...vital object of study at the beginning of the twenty-first century. Harvard students finally have a wonderful opportunity to examine European issues in a more concerted way, to connect with scholars and politicians, diplomats and businesspeople. In occasion of the fifth year of the Euro currency, Jean-Claude Trichet, president of the European Central Bank, and University President Lawrence H. Summers will be debating the merits and demerits of the European Monetary Union in the Yenching Auditorium on Thursday, March 25 at 4 p.m. You’re invited to this and other events. Please join us in making...
JEAN-CLAUDE TRICHET, president of the European Central Bank, appealing directly to euro-zone citizens to spend more