Like the crisis Germany seizes US uS-Hypotheken is for a long time considered as risk

Of a crisis at the US mortgage market for a long time one warned. As itself the payment losses of customers with bad soil quality („subprime “) accumulated up, went in July first the courses of the US banks on driving downhill. Soon thereafter the crisis spreads to Germany.
The Düsseldorfer middle class bank IKB must be saved by a bank pool around the national KfW with an endorsement of 8.1 billion euro. It had been heavily met over its Rhineland funds by putrid US real estate credits. The boss of the financial control Bafin, yokes Sanio, warns the IKB of the heaviest bank crisis since 1931, should break down.