The French government has come to aid of the ailing CIF bank.<br /><br />The bank failed to find a buyer after being up for sale since May. <br /><br />The state decided to step in after credit-ratings agency Moody's downgraded the lender.<br /><br />CIF, which specialises in loans to the less affluent, hit the skids when cheap funding from the credit markets ended.<br /><br />...<br />http://www.euronews.net/
