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October 5, 2008 · 5:41AM

Germany Scrambles To Rescue Hypo Real Estate Bank, Again

Germany’s second-largest commercial property lender, Hypo Real Estate (HRE), is again seeking a rescue after a consortium of German banks “refused to provide liquidity lines” as part of a $48 billion bailout. The German government is meeting with the central bank and regulators. (BBC)

Categories: Business & Finance Today · Europe Today · Financial Services · Germany · Markets, Economic News · Politics Today

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