Duetsche Bank Tanking With No Bailout In Sight

Duetsche Bank Tanking With No Bailout In Sight

It has been decided that Germany will not help ailing lenders, such as Deutsche Bank, says a senior lawmaker in Chancellor, Angela Merkel’s conservative bloc.  As Merkel met with European Central Bank chief, Mario Draghi, today, Berlin has already flatly denied it is planning any repeat of the taxpayer-funded bailouts that Germany and other Western countries mounted during the global financial crisis of 2008. The German government view is that Deutsche Bank is “adequately capitalized,” said…

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