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- Davos “Systemic Financial Risk” panel: most apropos in modern history
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Official news of the SocGen fiasco broke on Thursday, January 24 (See conference call notes from 5am ET that day). As the media widely reported, the company opted for a rights issue to shore up its capital ratios. Morgan Stanley and JP Morgan were chosen as underwriters.
The WSJ reports, “Société Générale and the U.S. bankers feared […]…
Original Source: allaboutalpha.com
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25 January, 2008| Economy |
@ 19:45
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