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By Marlene Y. Satter, AdvisorOne |
July 10, 2012
Spain will be given an extra year to get its deficit reduction under control, but markets were not impressed with the action.
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By Marlene Y. Satter, AdvisorOne |
October 10, 2011
Belgian-French bank Dexia is splitting up after the Belgian government announced Monday that it would buy the local consumer lending unit of the company, leaving its Luxembourg unit and French municipal lending division, among other assets, to be sold off to raise capital for a so-called bad bank.