Nationalisation stalk the banking system
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On Tuesday January 20th, the French government agreed to provide another 鈧�10.5 billion ($13.6 billion) of capital to its biggest lenders. After its predecessor hastily pumped more money into Bank of America last week, the new American administration is working on fresh plans to immunise banks from the effects of their infected assets. The Danes have also reached into their pockets again.
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