Extreme Measures Berlin Paves the Way for HRE Expropriation

German mortgage bank Hypo Real Estate has already taken on €102 billion in state aid. Now, Chancellor Merkel's cabinet has agreed on a draft law that would give Berlin the option of seizing control of the wobbling bank.
The German government has agreed on a law that would allow it to expropriate Hypo Real Estate shares.

The German government has agreed on a law that would allow it to expropriate Hypo Real Estate shares.

DDP
cgh -- with wire reports