Banks, Germany admits 10 years later: rotten institutions, so we ruined you

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Maybe: perhaps it will be because the presidency of the ECB is now over given Angela Merkel's preference for the command of the EU commission. Or perhaps because it has to face the twin crises of Deutsche Bank and Commerzbank. The fact remains that, for the first time the head of the Bundesbank, Jens Weidmann admits that the German credit giants were not victims of the crisis 2008. If anything protagonists. “Many banks took on risks they couldn't bear,” he says in a statement’ interview published by Bild, the most widely circulated German newspaper.
CONTINUE ON: https://www.liberoquotidiano.it/news/economia/13378804/banche-tedesche-marce-deutsche-bank-commerz-bank-non-valgono-piu-nulla-assieme-meno-di-unicredit.html Read More

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La Bundesbank non ha fatto il "divorzio"

REVELATION: LA BUNDESBANK NON HA FATTO IL "DIVORZIO"

REVELATION: THE BUNDESBANK DID NOT DO THE “DIVORCE”

This little article contains a revelation: the German Central Bank did not do the “divorce” from the Treasury. When issuing debt securities, Germany does it at a pre-established interest; with “the markets” they want more interest, the Treasury gives the unsold goods to its central bank. E’ what Italy could also do until 1981: the Treasury issued BOTs; if i...
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