by Calculated Risk on 9/29/2008 09:20:00 PM

From the Financial Times: Dexia shares fall amid capital concern (hat tip avinunu)

Shares in Dexia lost more than a quarter of their value on Monday on fears that the Belgian-French financial services group needed to raise capital.
...
The board met on Monday night “to assess the international financial situation”, according to a spokesperson ...

This article in lesoir.be suggests that it will take 6 to 7 billion euros to save Dexia: Entre 6 et 7 milliards pour sauver Dexia