ECB Mulls Guidelines for "Bad Banks"

Since the recession has hit so many countries across the globe, banks are becoming less inclined to lend out money. The EU is drawing up guidelines to possible help out the banks. They are trying to create a guideline to allow, what are considered "bad banks" an outlet such as a separate company to dump risky assets into. Overall the EU is trying to prevent bank support schemes in one country to negatively affect banks in another.