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TheCountOfNowhere

Italian Banks Are Good

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http://www.cnbc.com/2016/08/02/italian-banks-are-good--despite-problems-at-bmps-prime-minsiter-renzi.html

Italian banks are good—despite problems at BMPS: Prime Minister Renzi

Denial of this kind means cateogrically that all the banks are totally bankrupt and that all hell is breaking loose behind the scenes. They are just trying to prevent a run of sorts on the banks.

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