DW-WORLD: Europe's Banks at Risk as US Bails Out Insurance Giant AIG The US central bank agreed to bail out the insurance giant American International Group (AIG) with $85 billion (59.8 billion euros) in an unprecedented move aimed at propping up the influential company. (17.09.2008) DW-WORLD: European Press Review: Fallout from the Lehman Brothers After the Lehman Brothers collapse Monday, European media took an introspective look at both the causes and the consequences of the US' continuing credit crisis.
(16.09.2008) DW-WORLD: ECB Hopes Second Cash Injection Will Cure Credit Woes The European Central Bank again allotted billions of euros to keep banks lending to one another. But questions continue about the depth of the financial crisis and the best solution. (16.09.2008) DW-WORLD: Opinion: American Banks Lose More Than Just Money Choked by the US leaves rates unchanged at 2% ...
Lehman Brothers shares drop again ...
Lehman plunges on funding fears ...
Pope warns of 'spiritual desert' ...
German Journalists Demand Free Access During Beijing Olympics ... credit crisis, Lehman Brothers, the 158-year-old US investment bank, has filed for bankruptcy. The crisis underscores how banks have squandered their most prized asset -- trust -- says DW's Karl Zawadzky. (15.09.2008) DW-WORLD: After Lehman, Expert Calls for Framework on Bank Bailouts US banking giant Lehman Brothers is filing for bankruptcy, the latest US lender to bow to the pressures of the subprime mortgage crisis. More losses are likely, a German economist told DW. (15.09.2008)
(Deutsche Welle)
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