Explain how this news clip illustrates a banks balancing act and how the over-pursuit of profit or
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Moody’s credit rating agency says two of France’s biggest banks are holding too much risky Greek government debt. Another French bank escaped a downgrade by selling *70bn of investments in risky yacht and jets-leasing businesses.
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Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
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