Sometimes Banks Do The Right Thing

Sometimes, banks have human impulses. 375 year-old Crédit Municipal de Paris has decided to forgive the debts of 3,500 clients, who have debts in the range of 150 Euros or less.

Just as France was being chastised for excessive national borrowing with a sovereign debt downgrade, thousands of lucky French people had their financial obligations forgiven after the country’s oldest bank decided to simply wipe their slate clean.

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