Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $21,998
27%  
Woo hoo!! And we're now over 27%!! Thank you all very much!! God bless.

Keyword: merkeldeutschebank

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  • Germany's Merkel cannot afford to bail out Deutsche Bank: media

    10/02/2016 4:36:08 PM PDT · by Lorianne · 13 replies
    Reuters ^ | 02 October 2016 | Georgina Prodhan
    German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank (DBKGn.DE) given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday. The government denied a newspaper report on Wednesday that it was working on a rescue plan for Germany's biggest bank, as its shares went into a tailspin fueled by a demand for up to $14 billion from U.S. authorities for misselling mortgage-backed securities before the financial crisis. Germany, which has insisted Italy and others accept tough conditions in tackling their...