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A copy (pdf) of the draft statement from the EU summit on bank recapitalizations: The target...

A copy (pdf) of the draft statement from the EU summit on bank recapitalizations: The target date for banks to achieve a 9% capital ratio is June 30, 2012. "Banks should first use private sources of capital ... if necessary, national governments should provide support ... if this support is not available ... a loan from the EFSF."
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Comments (2)
  • Barry Crocker
    , contributor
    Comments (454) | Send Message
     
    and a partridge in a pear tree...
    26 Oct 2011, 09:27 AM Reply Like
  • Duude
    , contributor
    Comments (3376) | Send Message
     
    Private capital will not be available. In fact, expect more private capital to exit.
    26 Oct 2011, 10:44 AM Reply Like
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