The 17-point agreement of January 12
Stages in Creditanstalt’s “privatization”
January 11 was the night of Bank Austria’s annual ball in the Rathaus, Vienna. The bank’s chairman, Gerhard Randa, was in good form and showing as much excitement as this reputedly cold, calculating man can.
He knew that only 400 metres away in a smoke-filled room at the federal chancellery, Austria’s coalition politicians were hammering out a deal. If it went his way it would make him undisputed number one banker in Austria.
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