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View Full Version : Another day in the Republic


Draugen
01-02-2008, 03:53 PM
The president of the Portuguese State run bank(CGD), becomes, with one gracious move, the new president of the biggest private bank(BCP)... and decides to bring the furniture with him, too.

http://www.conspiracypenpal.com/images/pythonpirate.jpg



BCP: Santos Ferreira will take CGD administrators with him

The list which Carlos Santos Ferreira is preparing for the administrative council of the Banco Comercial Português(BCP), includes two of the actual administrators of the Caixa Geral de Depósitos (CGD), has discovered the Lusa news agency from sources linked to the project.

«Santos Ferreira, who this Wednesday has spoken to the Finance Minister his intention of leading a list to the BCP's council of administration, has invited the administrators of the state bank Armando Vara e Vítor Fernandes to integrate the list for the administration of the Portuguese biggest private bank»

(...)

Santos Ferreira will formalize this Wednesday his renounce to the post of President of the CGD, (...) after having today informed the Finance Minister, Fernando Teixeira dos Santos, of his decision, in a one-hour meeting, at the end of the afternoon.


The whole article in the original language: http://www.portugaldiario.iol.pt/noticia.php?id=896826