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Identify the company that went insolvent in 2008 following a takeover battle between Banco Santander, Fortis, and RBS in which the company was split up and divided - the companies that took over were heavily in debt from the sub-prime mortgage crisis.
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| ABN-Amro |
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| Washington Mutual |
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| AIG |
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| Lehman Brothers |
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After a takeover battle between Banco Santander, Fortis and RBS, ABN-Amro was split up and divided between the banking consortium. Fortis and RBS were found to be heavily indebted due to the sub-prime mortgage crisis. Fortis was split and the Dutch part of Fortis was taken under government ownership by The Netherlands, thus reinstating the company in ABN-Amro The Belgian part was taken over by BNP-Paribas. RBS was taken under government ownership by the UK.
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The correct answer was ABN-Amro
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