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Saturday, July 11, 2009

Banks accused of loan shark tactics

RussiaToday
July 11, 2009
Russian banks are being accused of intimidation in their desperate quest to get loans repaid. Financial institutions were once free-and-easy with doling out loans when the going was good, but it has since come back to haunt them as bad loans have racked up as a result of the crisis, sending many to the brink of collapse.

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