Acentral banker can never really doze in the sun. But in the usually sleepy month of August, Jean-Claude Trichet, European Central Bank president, might have expected to relax longer in Saint-Malo, the rocky seaport on France's Brittany coast, where he skippers motor and sailing boats.
Instead, the former French bureaucrat was, metaphorically, at the bow when the waves of this year's global credit squeeze came crashing down on the world's economies.
