Is Rene Benko’s bankruptcy the straw that breaks our fragile world economy?
Sometimes, this is all it takes…those darn real estate bubbles. Goliath falls: Sudden bankruptcy of financial empire exposes Europe’s real estate bubble “for Swiss banks – what happened? With Signa Real Estate Management Germany GmbH succumbing to insolvency, Benko’s meticulously orchestrated financial symphony began to unravel. The abrupt surge in bad loan provisions by Julius …