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Congress Seeks To Force Mexico's Four Largest Financial Institutions To Surrender Bank-rescue Funds

LADB Article ID: 052606
Category/Department: General
Date: Wednesday, September 24, 2003
By: Carlos Navarro

The Mexican Congress is engaged in a tug of war with four of the country's largest banks over irregular payments received from the now-defunct savings-protection fund (Fondo Bancario de Proteccion al Ahorro, FOBAPROA). FOBAPROA was created to av...

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