Worst Financial Crisis since 1931? German State-Owned Banks on Verge of Collapse

The German government has had to bail out state-owned banks with taxpayers' money after their managements recklessly gambled away billions on subprime investments. But if a state-owned bank were to go under, the consequences could be disastrous for the whole economy.
Von Wolfgang Reuter
The future is far from bright for Germany's banks.

The future is far from bright for Germany's banks.

Foto: AP