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The German parliament starts an investigation into the near collapse of the Hypo Real Estate bank

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Karlotta BahnsenJuly 28, 2009

A German parliamentary committe has just started its investigation into the circumstances surrounding the near collapse of one of the country's leading banks - Hypo Real Estate. A series of executive decisions critics claim were negligent led the bank to the brink. It was saved by 100 Billion Euros in government guarentees and nationalizaiton.

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