Missouri Lawyers Media > News > Kansas City Daily Record > Commentary: Financial frankness is a bad dream for a bank

Commentary: Financial frankness is a bad dream for a bank

Published: January 13, 2012

Bloomberg News

There’s a simple explanation for why the world’s zombie banks remain so reluctant to write off worthless assets and tap the equity markets for fresh capital. They don’t want to end up like UniCredit.

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Commentary: Financial frankness is a bad dream for a bank

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