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Old 09-14-2009, 11:49 PM
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Post Sarkozy threatens walk-out if no progress made on bonuses at G20 summit

The Elysée Palace has today announced that French President, Nicolas Sarkozy, may walk out of the G20 summit in Pittsburgh next week unless an agreement is reached with regard to bank bonuses. France has long been arguing that excessive bankers’ bonuses reward the risk-taking that led to the financial crisis. At last week’s meeting of G20 finance [...]

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