Journal#Collapsing banks, endangered auto makers and now the high-tech sector# 23.01.2009 19 UTC
Kay HagedornJanuary 23, 2009
((BRIAN:)) Collapsing banks, endangered auto makers and now the high-tech sector is falling victim to the global financial crisis. Let's go straight to Marianne for more ... ((MARIANNA:)) Here in Germany, the chipmaker Qimonda said Friday it has run out of cash and is filing for insolvency protection. The company says it has become impossible to secure loans of any kind on financial markets.