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| Europe |
| Not Too Big to Fail Twice--Dexia Bank |
| 2011-10-05 |
| This bank was already bailed out once in 2008. From the article: Dexia's breakup, three months after it got a clean bill of health in European Union regulators' stress tests, transplants Europe's banking crisis from the continent's periphery to its heartland. The Brussels- and Paris-based bank, which received a bailout in 2008, is being rescued again after its short-term funding evaporated as Europe's sovereign debt crisis worsened. |
| Posted by:charger |