France and Belgium bail out Dexia, again

A further €5.5 billion ($7 billion) is injected into the stricken bank, its third government bail-out. Belgian finance minister Steven Vanackere (above) said he couldn't guarantee that this would be the last bailout the bank would need. Dexia lost €2.4 billion in the first nine month of this year following the sales of several business, including DenizBank in Turkey at a loss of €600 million, as required by previous bailouts.