French banking giant Credit Agricole said on Tuesday it was seeking 5.9 billion euros (9.2 billion dollars) in fresh cash from shareholders after taking new charges of 1.2 billion euros for problems in the US subprime market.
(Credit Agricole and giant UBS are just drawing fresh cash from shareholders into the market before the crash happens. If this would be a game of chess – and for the elite behind the scenes it is. They are not after money. They have all the money in the world. They are after POWER. – then one could really admire those people for their excellent moves. They have left (almost) nothing out. – The Infinite Unknown)