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Europe unveils sweeping plans to govern reckless banks
Brussels has called for sweeping powers for regulators to seize failing EU banks, sack board members, and impose haircuts on senior bank debt, aiming to ensure that taxpayers are never again held hostage by high finance. Posted by: tipper 2011-01-06 |
| http://www.rantburg.com/poparticle.php?ID=313386 |