In the summer of 1931, Germany has been struggling with a deepening economic crisis. Production fell and unemployment was high, and bank deposits and gold were withdrawn from the country at a rapid pace, threatening the value of the German mark. The third largest bank in the country, Danatbank, was particularly hard hit by the flagging economy and the flight of capital. By July, Danatbank was on the verge of collapse, and the charismatic and controversial senior bank partner, Jakob Goldschmidt, appealed personally to the government, central bank, and its private competitors banking for a lifeline. "Hide
by David Moss, Cole Bolton, Andrew Novo Source: Harvard Business School 30 pages. Publication date: Mar 12, 2010. Prod. #: +710059- PDF-ENG
Related Case Solutions & Analyses:
The Challenge of Access to Oncology Drugs in Canada
Avid Radiopharmaceuticals and Lighthouse Capital Partners
The Novartis Foundation for Sustainable Development: Tackling HIVAIDS and Poverty in South Africa (B)
Entrepreneurial Leadership in Forming High Tech Enclaves: Lessons from the Government of Andhra Pradesh
Ethical Conflicts at Enron: Moral Responsibility in Corporate Capitalism
Creation of the European Union
Note on Retail Economics
The Procter & Gamble Company: Mexico 1991
Bridging the Digital Divide HP’s (B): First i-Community in Kuppam
Danfoss RC in China (A): Going Global Award winner Prize Winner
