Before losing this state guarantee – the central pillar of all Landesbanken operations – WestLB and others made large speculative investments, including subprime loans, through their Dublin-based operations."
fimmtudagur, 17. febrúar 2011
WestLB plan would have 'drastic effect' on Irish subsidiary - The Irish Times - Thu, Feb 17, 2011
"Like many other Landesbanken, WestLB struggled to justify its existence in the past decade after Brussels removed its right to borrow money on preferential, state-backed triple-A terms.
Before losing this state guarantee – the central pillar of all Landesbanken operations – WestLB and others made large speculative investments, including subprime loans, through their Dublin-based operations."
Before losing this state guarantee – the central pillar of all Landesbanken operations – WestLB and others made large speculative investments, including subprime loans, through their Dublin-based operations."
