http://www.creditwritedowns.com/2009/05/the-germans-get-tough-with-the-state-banks.html Sat, 21 Nov 2009 08:48:41 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.creditwritedowns.com/2009/05/the-germans-get-tough-with-the-state-banks.html/comment-page-1#comment-5060 Edward Harrison Mon, 04 May 2009 12:11:24 +0000 http://www.creditwritedowns.com/?p=8396#comment-5060 You're probably right: I shouldn't count my chickens before the eggs are hatched. And they haven't nationalized HRE either. But, at least Steinbrueck has taken his head out of the sand and finally awoken to the depth of the problem. You're probably right: I shouldn't count my chickens before the eggs are hatched. And they haven't nationalized HRE either. But, at least Steinbrueck has taken his head out of the sand and finally awoken to the depth of the problem.

]]> http://www.creditwritedowns.com/2009/05/the-germans-get-tough-with-the-state-banks.html/comment-page-1#comment-5058 Thomas Mon, 04 May 2009 09:46:30 +0000 http://www.creditwritedowns.com/?p=8396#comment-5058 It would be great if - as you write - "the Landesbanken have been taken care of". Unfortunately, that hasn't happened yet. Not by a long shot. But at least Berlin now seems to be trying to tackle the problem instead of looking the other way and hoping that it goes away by itself... It would be great if – as you write – “the Landesbanken have been taken care of”. Unfortunately, that hasn't happened yet. Not by a long shot. But at least Berlin now seems to be trying to tackle the problem instead of looking the other way and hoping that it goes away by itself…

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