Thursday, 14 February 2008

Rescue plan to save Deutsche Industrie Bank

How will this affect the euro? Got gold or silver or related equities?
Germany faced its "Northern Rock moment" last night as top ministers and bankers thrashed out a rescue plan to save IKB Deutsche Industrie Bank, fearing a "bank tsunami' if the struggling lender was allowed to fail.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/14/cnikb114.xml

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I teach Film, Media and English Lit.