Word: bodencreditanstalt
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Dates: during 1939-1939
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...bank of the Habsburgs, of which he became president in 1911. The Rothschild bank survived the Austro-Hungarian collapse in 1918, remained Central Europe's biggest financial house. In 1929, with a typical Rothschild gesture, Baron Louis rushed to Vienna from a hunting expedition, took over the insolvent Bodencreditanstalt, great Austrian bank, the failure of which threatened the nation's ruin. Two years later the Creditanstalt, weakened by the merger, itself failed, plunging Europe into financial crisis. Prosecution of Baron Louis was dropped when he "voluntarily" handed over $10,000,000 of his private fortune to the Government...
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