2009-04-27ft.com

" In the very early days of the crisis - circa August 2007 - Germany’s Landesbanken were daily in the headlines in the financial press. But as the meltdown of the global financial world continued apace, attention shifted from the subprime IKB, Sachsen and their ilk to the bond insurers, and the German banks moved out of the spotlight. Their problems, of course, did not go a way "



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