Detail German finance: The sick banking system of Europe   Oleh:  The Economist Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 391 no. 8630 (May 2009), page 67. Topik: Financial Crisis; Subprime Mortgages; Germany; State Banks Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.55 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel PERSONAL greed is often the explanation given for the disastrous forays of the world’s banks into America’s subprime mortgages. In Germany, however, many of the worst decisions were made not by the bonus-driven crowd in Frankfurt but by ostensibly well-intentioned public servants in the country’s public banks, or Landesbanken. The extent of the damage wrought on the Landesbanken, most of which are owned by state governments and local savings banks, was revealed late last month in a leaked document that was published by the Süddeutsche Zeitung, a newspaper. It said that the financial regulator, BaFin, reckoned that German banks—mostly Landesbanken—held €816 billion ($1.1 trillion) in toxic securities. On May 6th five Landesbanken had their ratings cut by Standard & Poor’s. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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