-
- Hypo Real Estate has €400 billion in assets*Telegraph: Financial crisis: Hypo Real Estate nears collapse after rescue plan is withdrawn (October 5, 2008)
- €65 billion of that is in commercial properties spread over 30 countries*Telegraph: Financial crisis: Hypo Real Estate nears collapse after rescue plan is withdrawn (October 5, 2008)
- On Sunday, October 5, German chancellor Angela Merkel promised to guarantee all private savings accounts, a total of some €500 billion (or more than $700 billion)New York Times: Germany Moves to Shore Up Confidence in Economy (October 5, 2008)
-
-
Hypo Real Estate is the second largest lender in Germany. In late September, 2008, the group faced eminent failure, resulting from short-term refinancing. The European Union put together a consortium of banks with a rescue sum of €35 billion on October 2, 2008, to cover loan guarantees until April 2009.Financial Times: Rescue package for Hypo Real Estate approved (October 2, 2008)
The bailout collapsed on October 4, 2008, when private investors withdrew their support because of undisclosed funding issues.*Telegraph: Financial crisis: Hypo Real Estate nears collapse... (October 5, 2008) German chancellor Angela Merkel promised on October 5, 2008, to assist the ailing lender, concerned that the failure would contribute to the expanding European Bank Crisis.MarketWatch: German officials in talks to save Hypo Real Estate (October 5, 2008)
Quotes
We will have to start over again from last weekend's meetings. Hypo Real Estate has to be stabilized otherwise the damage would be unpredictable. -- German Finance Minister Peer SteinbrueckMarketWatch: German officials in talks to save Hypo Real Estate (October 5, 2008)-
-
Hypo Real Estate on Amazon
-
Hypo closes $442m construction loan for Trump project.(FINANCE): An article from: Real Estate Weekly - $9.95
This digital document is an article from Real Estate Weekly, published by Thomson Gale on June 6, 2007. The length of the article is 431 words. The page length shown above is based...Amazon
-
Hypo Real Estate closes $130m loan for 681 Fifth Avenue.: An article from: Real Estate Weekly - $9.95
This digital document is an article from Real Estate Weekly, published by Hagedorn Publication on October 1, 2008. The length of the article is 557 words. The page length shown abo...Amazon
-
-
Hypo Real Estate Questions
-
Is China the next real estate bubble? 1 AnswerNo. Investors are buying real estate in China. Unlike the United states condition the Chinese do not tend to over purchase. In my opinion having spent a great d... read more -
Does Real Estate fall faster than good prices in relationship to Gold prices? 1 Answerhttp://2.bp.blogspot.com/_wmz32xeNKtU/SQNr1Az0I5I/AAAAAAAAAFM/gGpRzn5QpXI/s1600-h/Dow-to-gold+ratio+pre+and+post+fed+reserve.jpg http://4.bp.blogspot.com/_wmz3... read more -
Will the Real Estate boom ever return? 3 AnswersReal estate will go back up if prices are first allowed to fall in order to meet the current demand. Right now prices are still too high and a lot of home buyer... read more -
Report: U.S. homes lose $2 trillion in value in 2008. Whats real estate like in your town? 20 AnswersRather than tell you about my own area, I'll tell you about the area I'm looking to move to. It's called Groveland, Florida, and this is a good example of why i... read more
-





