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German State-Owned Banks on Verge of Collapse
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WYDave
Posted 2/21/2008 15:12 (#315948)
Subject: German State-Owned Banks on Verge of Collapse


Wyoming

Not exactly a headline one sees very often...

 

http://www.spiegel.de/international/business/0,1518,536635,00.html

This certainly helps explain the half-trillion $US that the ECB floated into the EU's banking system just before Christmas. 

 

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