Executives of Germany's IKB bank faced angry shareholders today at their annual general meeting - je 27.03.2008,18h
Torsten JostMarch 27, 2008
Executives of Germany's IKB bank faced angry shareholders today at their annual general meeting. The IKB was the first bank to get into trouble last summer as a result of the suprime mortgage meltdown in the US. The IKB were granted emergency aid of more than 8 billion euros by Germany's development bank and the government to avoid bankruptcy. But it's future is still uncertain.