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Old 11-04-2008, 12:20 PM   #1
Emerginvest
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Default Private Investors Help Persian Banks, South American Banks Band Together

Banks across the world are dealing with the global financial crisis differently. While many have been the recipients of government bailout packages, it is still an exceptionally trying time for most global financial institutions.A Wall Street Journal article published Monday entitled: “Persian Gulf’s Rich Investors Infuse Banks with Capital,” discusses how “a new type [...]

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