Lagarde Snubbed in Push to Raise Bank Capital By Rainer Buergin and Emma Ross-Thomas – Aug 29, 2011 1:26 PM GMT+0200
Germany and Spain rebuffed International Monetary Fund Managing Director Christine Lagarde’s call for an “urgent,” potentially mandatory, recapitalization of European banks.
Read more at: http://www.bloomberg.com/news/2011-08-29/lagarde-s-call-to-raise-european-bank-capital-is-snubbed-by-germany-spain.html
