"So perhaps the most worrying single remark made by a responsible banking official during the current crisis came from Jochen Sanio, the head of Germany's banking regulator BaFin. He warned on Aug. 1 that his country could be facing the worst banking crisis since 1931 - a reference to the collapse of Austria's Kredit Anstalt, which provoked a wave of bank failures across Europe."

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Source: We Cannot Retreat To Atheism. Interview with Alexander Görlach, www.theeuropean-magazine.com. September 3, 2012.

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Martin Walker

Journalist

Martin Walker is a British journalist and author known for his crime novels and insights into truth and justice, particularly in his series featuring Bruno, Chief of Police.

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