European banks plummeted last year on worries that they would drown in debt from near-bankrupt EU members.
With Congo's economy in tatters, its government near-bankrupt and his popularity plummeting, the young president needs a victory.
Now, there is even more anger in Germany over French attempts to stop Siemens, the German industrial giant, buying parts of Alstom, the near-bankrupt French engineering group.
After all, Mohammad Najibullah, unloved, isolated and opposed by a superpower, lasted for more than three years after being ditched by the near-bankrupt Soviet Union in 1989.
After becoming the youngest boss of a publicly listed German company when he took over Puma in 1993, he transformed the firm from a near-bankrupt plimsoll-maker into a trendy high-street brand.
In April 2010, Hewlett-Packard made the second strategic mistake, the purchase of near-bankrupt Palm that supposed to help the company enter the fast growing market for mobile devices that began to replace PCs.
FORBES: Hewlett-Packard Trades Near All-time Lows, What Is Next?
In April 2010, Hewlett-Packard made the second strategic mistake it purchased the near-bankrupt Palm, which was supposed to help the company enter the fast growing market for mobile devices that was beginning to replace PCs.
Air France-KLM and Alitalia may not be the best of friends, following the Franco-Dutch carrier's tortuous failed attempt to acquire its near-bankrupt Italian rival earlier this year, but on Tuesday Silvio Berlusconi extended an olive branch to keep the carriers on good terms.
This means that non-performing loans to real estate developers and near bankrupt corporations are financed directly by depositors and taxpayers.
Gold fell earlier in the week, but DeFalco and some other market watchers said that may have been related more to the problems regarding customer funds at now-bankrupt firm MF Global than to the near-term desirability of gold.
FORBES: METALS OUTLOOK: Gold Expected To Continue To Rise Next Week
Crumbling power generation, paltry foreign-exchange reserves, near empty hotels, closed universities, a bankrupt national airline, lousy relations with the West (and, now, after the recent Bangkok embassy siege, with neighbor Thailand, too), insurgent skirmishes threatening to flare up again - and these are only at the top of the list.
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