Relevant:
- Who Will Rescue Collapsing European Banks When Banks Are Bigger Than Countries?
- France, Belgium Unveil Bailout Of Giant Lender Dexia
- Agreement Is Reached to Nationalize Belgian Bank
- Dexia Bailout On Verge Of Collapse, Threatens To Take France AAA Rating Down With It
- Cyprus-Style "Bail-Ins" Proposed by Canadian Government, EU Parliament
2011-10-06 — theeconomiccollapseblog.com
``And so it begins. The first major European bank bailout of 2011 has now happened. French/Belgian banking giant Dexia has failed and both governments have pledged to participate in a rescue plan. But Dexia will not be the last major European bank to fail.''
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