Europe desperately tries to halt inevitable collapse
2008-10-06 Richard Moore http://news.bbc.co.uk/2/hi/business/7653868.stm Germany clinches bank rescue deal Germany’s finance ministry has agreed a 50bn euro ($70bn; £40bn) plan to save one of the country’s biggest banks. The deal, reached with private banks, to save Hypo Real Estate is worth 15m euros more than the first rescue attempt, which fell apart on Saturday. Germany … Read more