Monday, January 26, 2009

German Banks

http://www.spiegel.de/international/business/0,1518,603181,00.html

Several government rescue packages later, the troubled German banking sector is still showing no sign of recovering from the financial crisis.


Gosh does this sound familiar?

The banks have been plugging up their worst holes with billions of euros of taxpayers' money, but their losses have been growing even faster.


Goes sounds familiar too....Must be the cold getting to me...

No comments: