HRE was hobbled by debts incurred by a German-Irish subsidiary, Depfa, which it bought in October 2007, after the international financial crisis emerged with the collapse of the US market for high-risk, or subprime, mortgages.
Depfa specialises in the financing of public works projects. (emphasis mine)
Medieval Usage, Medieval Mentality?
-
At *Jewish World Review* is a thought-provoking column by someone new to
me, Adrian Wooldridge.
Wooldridge contends in his title and in his conclusion that...
16 hours ago
No comments:
Post a Comment