Bawag Up for Sale!
Posted on March 31st, 2006 by MoverMike
From Chron.com,
Austria’s trade union federation will sell embattled Bank Fuer Arbeit und Wirtschaft (BAWAG), the country’s fourth-largest bank, after revelations that it lost about 1 billion euros ($1.2 billion) in soured currency speculation deals in the Caribbean.
Another casualty of Refco.






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