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)
Trump Accidentally Makes 'Right' Call
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Suzanne Lucas has a thought-provoking take on Donald Trump's recent firing
of the head of the Bureau of Labor Statistics, Erika McEntarfer.
First, after no...
1 hour ago
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