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Tuesday, June 26, 2012

ZeroHedge: ''Italy Just Bailed Out The World's Oldest Surviving Bank''

From ZeroHedge

''Some people know Banca Monte dei Paschi di Siena as one of the biggest banks in Italy (lately best known for being either halted down, about 90% of the time, or up, the remainder) with 3,000 branches, 33,000 employees and 4.5 million employees. Others know it for being the world's oldest surviving bank, founded in 1472 by the magistrate of the then city-state of Siena.''

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