#Monti Minister to Defend Paschi Bailout After Losses Uncovered - Bloomberg

Monti Minister to Defend Paschi Bailout After Losses Uncovered Bloomberg Finance Minister Vittorio Grilli today will defend Italy's planned 3.9 billion-euro ($5.3 billion) rescue of Banca Monte Paschi di Siena SpA as lawmakers question whether the lender deserves aid after hiding losses related to derivatives. Grilli testifies in the ... and more »