11. Brazil is bailing out and selling troubled banks, most owned, or formerly owned, by free-spending state governments. 12. A declaration by the Finance Ministry that it will protect all deposits at financially troubled banks for five years. 13. A delegation from China visiting the United States recently quizzed former government officials involved in the savings and loan crisis for tips on handling troubled banks. 14. Brazil said it will allow banks to swap their Brady bonds for new Brazilian government debt, to help troubled banks pay back their domestic creditors. 15. CLBN is the Dutch unit of the troubled French bank, Credit Lyonnais SA. 16. Currently, the law allows healthy banks to receive funds to assist financially troubled banks. 17. Government support of the troubled banks continues to keep them afloat, but some are barely surviving. 18. He later worked for years rebuilding the troubled bank, operating closely with the next chief executive, Edward M. Carson. 19. He was widely credited with restoring the troubled bank to financial health. |