Top of the Hour: Deal Near to Recapitalize European Banks, Morning Headlines

Germany and France are near a deal to recapitalize European banks. On Sunday, France and Belgium agreed to nationalize Dexia, Belgium’s largest bank, with billions of taxpayer money after the bank became the first  causality  of the Greek debt crisis.

Germany and France are near a deal to recapitalize European banks. On Sunday, France and Belgium agreed to nationalize Dexia, Belgium’s largest bank, with billions of taxpayer money after the bank became the first  causality  of the Greek debt crisis.