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Thursday, March 1, 2012

Flowers sees European taxpayer-backed deal profits

Flowers says governments resist taxpayer-backed deals

* Flowers: It's like phases of coming to terms with illness
* Comments less blunt than 2009 remarks that caused furore
By Greg Roumeliotis and Simon Meads


BERLIN, March 1 (Reuters) - Three years ago Christopher Flowers caused a furor when the prominent U.S. private equity executive said buyouts of failed banks were great because the government took the losses while investors reaped the profits.
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