Market-watch has this sentence in midday report
French-Belgian lender Dexia agrees a rescue deal that includes $122 billion of state guarantees and the nationalization of its Belgian consumer-lending arm.
Olle now. This is a lot of money and only one bank just now. Europeans should notice this. Here is one of the reasons for my call. Discuss with your family now and take out as much cash you are allowed to by your bank and keep it safe at home. If nothing happens you put your money back into your account. But wait at least a month. I will keep you informed.
This is a precaution call to my readers.
French-Belgian lender Dexia agrees a rescue deal that includes $122 billion of state guarantees and the nationalization of its Belgian consumer-lending arm.
Olle now. This is a lot of money and only one bank just now. Europeans should notice this. Here is one of the reasons for my call. Discuss with your family now and take out as much cash you are allowed to by your bank and keep it safe at home. If nothing happens you put your money back into your account. But wait at least a month. I will keep you informed.
This is a precaution call to my readers.
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