2 biggest German Banks calm markets …
After the scandalous failure of Hypo Real Estate,
Deutsche Bank and Commerzbank, Germany’s 2 biggest banks,
calmed markets by reassuring, that their liquidity is secured until well into 2009.
To be honest, this is THE LEAST, one can expect from a financial institute after the developments, which started February 2007.
Financial institutes, which are still gambling, should be closed and their boardmembers should go to prison!!!
I would LOVE to see that!!!
Tags: Commerzbank, Deutsche Bank, Hypo Real Estate
