Regulators Knew of Dexia's Problems But Were Silenced. By Wolf Richter www.testosteronepit.com When a bank is allowed to collapse, the lies behind its financial statements come out of the woodwork—and Dexia, the French-Belgian mega-bank that was bailed out in 2008 and collapsed in early October, is no exception: a report by the French banking regulator surfaced.
It contains the results of an investigation concluded in the summer of 2010. And it threatened to put the bank "under special supervision. " Bank. Home - Dexia.com.