Hypo Real Estate at the end 450 billion € 'vanish' in
! by Karl Weiss a "bottomless pit" is the Hypo Real Estate (HRE), says SPD Hauhaltsexperte Carsten Schneider, who is also Soffin Checker. That would be the second candidate for bankruptcy after the West-LB, both held with unimaginable amounts of taxpayers' funds alive.
you remember those dull-Monday September 2008, when we were overtaken by the surprising news at breakfast, then some welchselbiges remained stuck in the throat. The lehman brothers, one of the largest investment banks in the world was on that weekend went broke, we were told cool, which resulted in a deep financial crisis. In Germany most was the one hit Hypo Real Estate 'emerged from the Bavarian Hypo, former Bavarian Mortgage verbündelt and Exchange Bank, with Bayerische Vereinsbank. Well, come from Bavaria always the best things in Germany, right?
Even on weekends, have the well-beloved German Bank CEO Ackermann met with the Chancellor and we have brought a hundred-billion-hard support of the HRE on the road. This was supposedly completely alternative, for otherwise the entire German banking system collapsed. Later heard that he had not gone to the whole banking system - namely, Germany has about 2,000 banks, each of which would have licked all ten fingers to play the role of Deutsche Bank - but a concrete bench, just the German bank that Ackermann, who was to angagiert the ruff in HRE "derivatives" and would be by the same HRE-bust gone with the stream down.
All the hundreds of billions for the HRE, then, because the German bank is the owner of Germany and determines what happens here. Not a coincidence that Mrs Merkel had earlier seen compelled to celebrate the birthday of Mr. Ackerman with many celebrities in the chancellor's office. And now, who would have thought that the HRE is beyond redemption. After Germany, this means you and I, have deposited a total of 450 billion euros in order to "save" this ridiculous bank, is it turned out, it is irretrievably lost and there would be 450 billion that can save plain.
If you had it?
course not, because now the German bank was able to free himself already in substantial part from the total dependence of the HRE. The 450 billion has been raised so simple for the German bank. Now you can drop the HRE, which had just another 'the entire German banking system "drawn back into the abyss.
true now, then we, the German bank will pay it back so well in the next few years, right?
Far from it, the German bank is not yet up for what has screwed up the HRE!
you remember how we were led around by the nose because of the shining stars pair Merkel carpenter?
you promise me, dear reader, they will - like me - be in the future not so easy around by the nose and, above all, these "on-the-nose-around guide" to help expose now, every day !
(Source:
Karl Weiss - Journalism
)