Credit-Anstalt collapse triggers European banking crisis (May 8, 1931)
Citations (1)
- Tragedy and Hope pp. 267-269 · open book
On May 8, 1931, the largest Austrian bank, the Credit-Anstalt (a Rothschild institution), with extensive interests, almost control, in 70 percent of Austria's industry, announced that it had lost 140 million schillings