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HSBC should lend a clerk to the summit to help count the cost of biscuits

Spectator, The, Jul 9, 2005 by Fildes, Christopher

Jacta alea est

Project Rubicon, my leveraged buy-in for Italy, announced in this column last week, has been received with suspicious enthusiasm. Can my target, after all, turn out to be another Parmalat? Have all the worthwhile assets long since left the country? A helpful hint comes from Christian Noyer, who is governor of the Banque de France. Countries in the eurozone, he says, are free to leave it. That is not what the treaty says, but never mind. Italian euro notes, remember, have the letter S before their serial number. Avoid them.

Copyright Spectator Jul 9, 2005
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