Saturday, February 23, 2008




German State-Owned Banks on Verge of Collapse - By Wolfgang Reuter

The German government has had to bail out state-owned banks with taxpayers' money after their managements recklessly gambled away billions on subprime investments. But if a state-owned bank were to go under, the consequences could be disastrous for the whole economy.

... well, the first problem of banks is fixed costs ...
... maybe publishing fixed costs one by one ...
... may lead shareholders to rethink over their investments ...
... after this folks get paid what they deserve ...
... then is time for the central governments to step in with monetary policy ...
... this applies everywhere in the planet ...
... the banking world is out of control ...
... some adjustments are needed ...



# posted by intcoex : 4:49 PM




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