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Oct. 5 (Bloomberg) -- Antonio Borges, the International Monetary Fund’s European department head, said Dexia SA, which plans to pool its troubled assets into a so-called bad bank, is a “special case.”
“First of all, it’s not a surprise,” Borges said today at a press conference in Brussels. “It’s one of the most vulnerable banks, and it’s going to have its own solution as the French and Belgian governments have now already indicated.”
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