Econbrowser: What is a liquidity event?« The Administration Reassures the Markets | Main | Another roller coaster week » August 10, 2007 What is a liquidity event? It was an exciting week in financial markets, including some dramatic central bank interventions in short-term money markets. First, a little background on what we're talking about here, focusing on the U.S. system with which I am most familiar. Banks that are members of the
