Monday 20 October 2008

Libya Bailing-Out UniCredit

Colonialism In Reverse: Libya Bails Out Italy's UniCredit SpA - Seeking Alpha

Funny to see all the twists. After Russia saying it would bail-out Iceland, now Libya is bailing out UniCredit. :) Interesting turn of events.
Falling share prices (62%) brought UniCredit below Intesa bank by market capitalization.

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