Bankruptcies, expropriations and regulatory design flaws
August 31st, 2010
Hypo Real Estate Bank had gone bankrupt long ago if it was done properly. Is it not. Thus, their shares have been on 26 March 2009 traded at a price of at least € 1.16 on the exchange. With 211 million shares, well sums up the entire bank for € 245 million at least. That was the market value of a company that could be preserved only by government subsidies of € 90 billion so far before the collapse – open end. Readmore…