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SHOW ME THE MONEY, JOUYET 0 comments
"...One minor detail yet to be ironed out is where the money would come from - our leaders all agree that it must, and will without question, be found, with the direst consequences to follow if somehow it were not, and then they look expectantly at each other.
We have room for only one more from the recent stock of things you simply cannot believe you're reading, so here is a gem from France. "French market regulator Jean-Pierre Jouyet Friday said between 15 and 20 banks in Europe need recapitalization as a result of financial problems, but none of them are French". That one got into the Wall St Journal on the day when senior BNP Paribas executives were returning to Paris, tails between legs, after a failed attempt to find a bit of money in the Middle East - just as well they didn't need it, then. It seems that M. Jouyet is more focussed on a bank in Slovenia which may have got itself trouble, but we need not worry, they're on that case..."
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