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Goodtimes93

12/05/16 7:14 AM

#19603 RE: HMONNY #19602

Italy is minor right now but Eurozone is losing its luster. Will be interesting to watch it play out. BACs exposure to Italy was managed down many years ago. They are just fundamentally unsound financially like Greece. A buddy used to manage risk for Citi over there and used to say how they were getting out as fast as they could. DB is going to be hard hit though and a potential takeover target.