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| German Stocks Fall to Lowest Since 2006; Hypo Real Estate Drops (Bloomberg) |
| Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since July 2006, as the deepening credit crunch forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts. |
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| German Stocks Fall Most Since January; Hypo Real Estate Slumps (Bloomberg) |
| Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since June 2006, as the yearlong debt-market seizure forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts. |
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| Real estate loans spur Irish recession (UPI) |
| DUBLIN, Ireland, Oct. 6 (UPI) -- A move by the Irish government to guarantee all $550 billion of the country's bank deposits is a consequence of reckless real estate lending, analysts say. |
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