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AMAGERBANKEN ~ $2.8 Billion Bank Failure In Denmark : Senior Bondholders Whacked 41%

Tue Feb 8 , 2011
It may turn out to be the most important bank you’ve never heard of. Amagerbanken was taken over by the Danish government today. As with the Irish banks, Amagerbanken suffered huge losses on loans to property developers and investors in commercial real estate. But the rescue comes under new regulations […]
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