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On Air Staff and WPM Interns
Mon April 23, 2012
State-Owned German Banks Suffer After Risky Investments
Originally published on Mon April 23, 2012 5:19 am
Unlike the United States, Germany never had a housing bubble. Its mortgage market is too tightly regulated. But some German banks did lose a lot of money in the financial crisis, and they're still paying a big price for it.