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With Fortis, in Belgium, the government bought back the bad loans and handed the remaining of the whole bank to BNP Paribas for 1€... There have been some kind
by w1nst0nsm1th 7y ago
With Fortis, in Belgium, the government bought back the bad loans and handed the remaining of the whole bank to BNP Paribas for 1€...
There have been some kind of "understanding" betweens the finance minister of that time and a big belgian investor having stakes in BNP Paribas.
Yseterday the same minister was elected President of the european Council.