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No man, no plan

13 December 2002 By Hugo Dixon, Hugo Dixon

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No man, no plan

13 December 2002 By Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon, Hugo Dixon

They have for the time being seen off an attempt by Mediobanca and Berlusconi to carve up the group. But the banks haven’t put in credible management or come up with a proper plan. Unless they do, the crisis will be back with a vengeance.

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