Bankers at war: boardroom feuds during eurozone crisis exposed by Portugal probe

December 15, 2014 6:30 AM

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Bankers at war: boardroom feuds during eurozone crisis exposed by Portugal probe

In this photo taken on Saturday, Aug. 9, 2014, a woman unrolls a poster with a photograph of Ricardo Salgado, former chief executive of Portuguese bank Banco Espirito Santo, recently renamed Banco Novo, during a small protest outside the bank's headquarters in Lisbon. The poster reads in Portuguese: "Arrest warrant". An investigation by Portugal’s Parliament into last summer's collapse _ and 4.9 billion euro ($6 billion) bailout _ of the country’s largest listed bank has turned into gripping television as members of the wealthy Espirito Santo banking dynasty wash their dirty laundry in public. (AP Photo/Francisco Seco) (The Associated Press)

In this photo taken on Tuesday, Dec. 9, 2014, Ricardo Salgado, former chief executive of Portuguese bank Banco Espirito Santo, recently renamed Banco Novo, addresses to lawmakers during a hearing about the collapsed bank at the Portuguese parliament, in Lisbon. An investigation by Portugal’s Parliam...

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