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European Bank Recapitalization

The €115 billion would not be so bad were not the expectations that the banks should either recapitalize themselves or that insolvent sovereigns should recapitalize their own banks. But that is the expectation, so I guess we will just see the EZ crash and burn? Were these banks recapitalized how long would it be before they were right back where they are now?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Dec 19th, 2011 at 08:53:37 AM EST
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