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by w1nst0nsm1th 2547 days 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.