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BANKRUPT BANKER

Francois Pinault the French business tycoon and president of the luxurygoods group PPR, is said to have taken a knock following the financial crisis and rumour even says that he is looking to his old friend, French president, Nicolas Sarkozy, for help. Amongst the businesses Pinault owns are Gucci and Puma, the renowned Chateau Latour vineyard and Christie's.

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