Monday, Aug 27, 2007

Anybody want to buy a bank? No thought not!

Yahoo: Troubled German bank sold in wake of subprime crisis

To avoid bankruptcy a German state run bank has been sold after suffering losses in the U.S. subprime crisis

Posted by ian @ 06:53 PM (335 views) Add Comment

1 Comment

1. deepak said...

This is scary, Is it possible that some UK banks or even some others bank can also just completely go bust.
What this means that you could loose all your money if the banks just goes bust.

Monday, August 27, 2007 09:58PM Report Comment
 

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