HRE was hobbled by debts incurred by a German-Irish subsidiary, Depfa, which it bought in October 2007, after the international financial crisis emerged with the collapse of the US market for high-risk, or subprime, mortgages.
Depfa specialises in the financing of public works projects. (emphasis mine)
What Kant Did
-
During a walk, I was trying to listen to the *Yaron Brook Show*, but was
having a hard time between the constant wind and the volume being low on
that epis...
5 hours ago
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