``Le Monde in its May 31 edition called the possible fine a "masterful slap." Le Figaro newspaper said the U.S. was making an example of BNP to deflect criticism it had been "lenient with the American banks responsible for the financial crisis." Hollande will discuss BNP with Obama on June 5 when the presidents meet in Paris, a French official said today... France's central bank has said the transactions did not violate French or European laws. The U.S. is claiming jurisdiction because the transactions were processed in dollars.''

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