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Eurozone approves new $173B bailout for Greece


Kevin Voigt, CNN
updated 11:57 PM EST, Mon February 20, 2012
The Greek flag flies in front of the Parthenon on the Acropolis on February 17, 2012 in Athens, Greece.


(CNN) -- Eurozone finance ministers sealed a deal Tuesday morning for a second bailout for Greece, including €130 billion ($173 billion) in new financing.

The finance ministers from the 17 nations that use the euro, known as the Eurogroup, gave Greece funding it needs to avoid a potential default next month.
 

hypocritexposer

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“On the face of it, shareholder value is the dumbest idea in the world. Shareholder value is a result, not a strategy . . . your main constituencies are your employees, your customers and your products. Managers and investors should not set share price increases as their overarching goal . . . Short-term profits should be allied with an increase in the long-term value of a company.”

Jack Welch


http://news.yahoo.com/maximizing-shareholder-value-dumbest-idea-world-181951944.html
 

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