Benko: Houses of cards, soap bubbles and air numbers

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Economic bankruptcies worth billions by financial jugglers like René Benko fill the history books. The global warming climate hoax will also end in a historic debacle. An analysis of the sharp character of ‘Krone’ columnist Klaus Woltron.

The founder of Signa Holding, René Benko, ruled over renowned buildings all over the world: the Chrysler Building in New York, the Hotel Bauer in Venice, the KaDeWe in Berlin, etc. When he went on holiday, he did so on his yacht “Roma (30 million euros). He flew around the world in a Gulfstream G550 (50 million euros). He had a castle demolished in front of his house on the sunny plateau in Igls. Now the once much-praised Signa Holding suddenly misses out on 4.94 billion euros: the bubble has burst.

Source: Krone

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