• News

    At Least Europe Knows How To Deal With Dangerous Hedge Fund Managers

    In the UK, record their cell phone calls. In Germany, treat them like the terrorists they are. By tailing their cars, and going through their trash. Germany’s Finance Minister Wolfgang Schaeuble told the Bundestag on March 16 that the country may have to consider ordering “intelligence agencies to set up surveillance of who is getting […]

    / Mar 18, 2010 at 3:30 PM
  • News

    Germany Looks To Stamp Out Antisocial Elements

    Credit mediator-designate Hans-Joachim MetternichGermany is appointing a “credit mediator.” And he will be obeyed. The goal? To get German banks to lend to the kind of companies they probably shouldn’t lend to. Why? It is their duty to society, according to Rainer Brüderle, the Republik’s economics minister. And if they refuse? Well, Germany has a […]

    / Dec 3, 2009 at 10:42 AM
  • News

    Today We Rule Germany, Tomorrow We Rue The World

    The English speaking world has paid a lot of attention to the failures of Northern Rock, Countrywide and all the Wall Street institutions that have had to seek capital infusions to stay afloat in recent months. But the situation in Germany is arguably even worse. The public banks–state owned, partially state owned or dependent on […]

    / Feb 21, 2008 at 9:06 AM

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