Goldrausch - Die Geschichte der Treuhand

In the early summer of 1990, the Treuhandanstalt was founded to privatize the "state-owned" companies of the GDR. In the four years that followed, around 4,000 of these companies were closed and around two and a half million jobs were lost. Until its closure at the end of 1994, the Treuhandanstalt incured debts totaling 256 billion marks - the equivalent of around 150 million marks every day. The Treuhand also allowed itself to be cheated out of many billions of marks. This scandal was never ful...