French finance house reveals first loss

Article reports that Caisse des Dépôts et Consignations, France’s state-owned finance house, unveiled on the 16 April 2009 its first loss since it was established in 1816, demonstrating the perils of rescuing French companies in danger of collapse or foreign takeover.

ESO: Background information: Sarkozy launches a new rescue fund http://www.europeansources.info/record/sarkozy-launches-a-new-rescue-fund/

France24, 16.4.09: State finance body reports heavy losses http://www.france24.com/en/20090416-french-state-finance-body-reports-first-ever-loss-cdc-savings-investment

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