(Jewish Telegraphic Agency)
Bankruptcy proceedings were started against the Berlin Middleclass Bank, established some time ago by Count Moltke and Major Sodenstern for the purpose of fostering the plans of the anti-Semitic Hitler group.
Three hundred German businessmen were ruined in the crash and thousands of small depositors lost their savings. Corruption was discovered in the bank management.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.