Creditanstalt..... interesting history, right up to UniCredit. I especailly find it interesting that it's president was thrown from a moving vehicle by the Nazi's. That's pretty harsh.

Creditanstalt From Wikipedia, the free encyclopediaJump to: navigation, search Creditanstalt AG
Type Subsidiary of Unicredit
Industry Finance and Insurance
Founded 1855
Headquarters Vienna, Austria
Key people Baron Rothschild, founder
Products Commercial banking, Investment banking, Private banking, Asset management
Revenue € bn (as of 2004)
Website www.bankaustria.at/

The Creditanstalt (sometimes Credit-Anstalt[1] or CA) was an Austrian bank. The Creditanstalt was based in Vienna, founded in 1855 as K. k. priv. Österreichische Credit-Anstalt für Handel und Gewerbe (approximately translated as: Imperial royal privileged Austrian Credit-Institute for Commerce and Industry) by the Rothschild family. Being very successful, it became the largest bank of Austria-Hungary. It declared bankruptcy on May 11, 1931. It has been said that this event resulted in a global financial crisis and ultimately the bank failures of the Great Depression.[2]:2–3 [3] The bank was ultimately rescued by the Oesterreichische Nationalbank and the Rothschilds and merged with the Wiener Bankverein, thus changing its name to Creditanstalt-Bankverein.

Following the Anschluss between Nazi Germany and Austria, Creditanstalt-Bankverein was targeted for both financial and racial reasons. In early March 1938 Nazis threw the bank's Jewish president, Franz Rothenberg, from a moving vehicle (an incident he survived) and later demanded compensation from the imprisoned Baron Louis Rothschild for losses suffered by the Austrian state when the bank collapsed. Creditanstalt-Bankverein was later taken over by Deutsche Bank.[4]

After World War II, the bank was nationalised and became mainly a commercial bank and highly involved in Austria's economy, holding stakes in important Austrian companies such as Wienerberger, Steyr-Daimler-Puch, Lenzing AG and Semperit.

In 1997, the state-owned shares were sold to Bank Austria (BA), resulting in a crisis in the ruling coalition between SPÖ and ÖVP, since Creditanstalt had to be considered part of the conservative sphere of influence, whereas BA with its roots as Vienna's Central Savings Bank (Zentralsparkasse) was considered standing politically left. The merger was not finished until 2002, with the creation of Bank Austria Creditanstalt, which became part of the German HypoVereinsbank (HVB) group. HVB has now been taken over by UniCredit.

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The politicians all know Europe is ****ed, they just don't know how to move forward and not lose their jobs aka Greece, and France.

The new set of politicians are put in power for a very specific reason. The free **** army (not the bottom of the 99% but the 1% of the top 1%) need to be able to pick the final scraps off the bones of the carcass and also get a seat at the table to restart the looting once the reset happens. The leaders will appear as heroes, the people will cheer them, and the pigmen will be able to continue their leverage games. It will be written masterfully as a chapter in the history books. Bet on it.

Creditanstalt failed on May 11, 1931. Hey, May 11 this year is on a Friday. A good day for a bank failure(s).

Going back to the Franco-Prussian War, Germany invades France and takes everything that isn't nailed down. They didn't make it to Paris in WWI, and fought a ridiculous stalemate for 4 years at that time, but this is how wars play out over there, generally.

The entire reason for war in Europe is to steal everything from the country you're invading.

Keep this in mind when you're trying to understand the 'bailout agreements', why they're 'non-negotiable', etc. Greece is being looted by a conquering EU.

Panzers massing in the Ardennes.

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Panzers massing in the Ardennes.

"Nuts."

Trigger Middle East...Big Guns Europe

Maybe time to crack another bottle of

Good Selling,

Redshield

Just more semitic sperm spewing from the golden calf