Brevan Howard Pushing Stimulus As Draghi Was Deliberating

European Focused Fund Says Not Doing EU Stimulus “Illegal” As ECB Was Making Decisions  

A struggling Brevan Howard looked out at the European landscape this past November and noted that it wasn’t just Mario Draghi’s best judgment to engage in quantitative easing, it was his legal obligation. According to a November 2014 shareholders report, reviewed by ValueWalk, Draghi appeared not only to have a "legal mandate" to go through with stimulus, they wrote as the decision was being made, but he was on a holy quest, it appears.

Lobbying of the “independent” ECB

During the summer a little reported event took place – a central banker...