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Finessing the finance for French banks
Heard On The Street
02 Dec 2008
02 Dec 2008
 |
Thursday
08 January 2009
00:42 GMT
To end up on the wrong end of both the financial markets and the bureaucrats in Brussels is hard to pull off. France has managed it with the financial help it's offering its six biggest banks. For the European Commission, the banks are getting fresh capital too cheaply. For investors, the banks are getting the wrong sort of capital.
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