Hypo Real Gets EU50 Billion Government-Led Bailout
Description
By Brian Parkin and Oliver Suess October 6, 2008 (Update3) Source Oct. 6 (Bloomberg) -- The German government and the country's banks and insurers agreed on a 50 billion euro ($68 billion) rescue package for commercial property lender Hypo Real Estate Holding AG after an earlier bailout faltered. G