The collapsing stockmarket has pulverised the worth of banks' industrial stakes, still an important feature of German capitalism.
At that time, it expected to run a $3 million deficit and had $4 million worth of bank debt.
She then went to the bank with her daughter and asked for five years' worth of bank statements for all the accounts, credit card, the lot".
Borrowers are already reporting having to both produce six months' worth of bank statements and to answer what they consider to be intrusive questions about their lifestyles.
The credit default swap market provides one clue of how deep those fears run, as the cost of buying insurance against the default of billions of dollars' worth of bank debt has surged since mid-July.
The 1st year of the dentist's analysis was supposedly uneventful, but he eventually signed over $170,000 worth of bank loans, promissory notes, & IOUs in exchange for shares in 3 of Verdiglione's real estate companies.
To fund Duer's scheme, Pintard borrowed the money of "shopkeepers, widows, orphans, Butchers, Carmen, Gardners" and signed his name to nearly a million dollars' worth of bank notes, on Duer's behalf.
BLOOMBERG NEWS Carrefour's Middle East Operator Raises $1 Billion | Majid Al Futtaim Holding, a Dubai-based firm that works as the French food chain Carrefour's Middle East operator, delayed its plans to sell bonds, instead refinancing debt with $1 billion worth of banks loans.
I imagine that for some people, this might require stressful activities like poring over monthly brokerage reports, engaging in heartfelt conversations with financial advisers or even balancing a year's worth of bank statements.
"Given the growing problem of ID fraud and the inconvenience of having to carry passports coupled with gas bills or six months worth of bank statements to prove identity, I believe the ID card will be welcomed as an important addition to the many plastic cards that most people already carry".
