That's why Cloggie hasn't been around so much Sisse. He's teleconferencing with ECB members on how to implement the "bank" 
DislikedJust ECB's Nowotny that have been in a wild day with media making comments every hour....
There has been a lot of "slips" since Frankfurt from the ECB today (full PR day) on the leveraged EFSF... In simple words they are ready to pour the money one more time. The technicalities are complex and only serve to hide from public opinion (the average joe and mass media) what they are doing: a "open bailout" with more money and a ESFS with "bank" capacity (coined by Cloggie a few weeks ago).
sisseIgnored
Disclaimer: Check your 1m charts 