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Previously on "Good news!"
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I guess it's no different to Royal Bank of Scotland investing in subprime tulip on a far away continent.Originally posted by Churchill View Post
The moment it started going wrong when those banks engaged into things they were not meant for in the first place - the main reason is of course higher margins in "investment banking".
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Why should Credit Agricole (Agrocultural Credit?) even have "investment banking" which I am sure wasn't investing (ie farms, tools for them etc) into agroculture?
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