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| | |-+  European Union May Plunge in Worst Crisis Since Foundation on Excessive Loans
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Author Topic: European Union May Plunge in Worst Crisis Since Foundation on Excessive Loans  (Read 4254 times)
Hemant
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« on: April 21, 2011, 05:03:31 pm »
European Union May Plunge in Worst Crisis Since Foundation on Excessive Loans

In May 1931, a Viennese bank named Credit-Anstalt failed. Founded by the famous Rothschild banking family in 1855, Credit-Anstalt was one of the most important financial institutions of the Austro-Hungarian Empire, and its failure came as a shock because it was considered impregnable.

Source: European Union May Plunge in Worst Crisis Since Foundation on Excessive Loans
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