“Germany’s Handelsblatt writes that ‘shipping loans have brought Bremer LB into distress and the bank can not survive without government help, but a direct capital injection from Lower Saxony now looks unlikely.’ The punchline, and where the narrative veers dramatically from the smooth sailing scenario presented last month by the FT, is that according to Lower Saxony President Stephen Weil, a capital increase by his state and Bremen for the ailing bank is currently not realistic. ‘The classic method, namely when partners provide the necessary capital, does not seem to work,’ the Prime Minister said to the ‘Weser-Kurier’.”
(Visited 40 times, 1 visits today)
Related posts:
How Cops Are Vetted For Aggression & Insensitivity, With Capt. Ray Lewis
Chicago now home to nation’s largest vertical farm
John McAfee is Back! - CNBC Oct 2013
Groklaw Shuts Down Over U.S. Internet Surveillance
Bill Bonner on the Alex Jones Show (2014/08/07)
Former ECB Chief Economist: Buy Gold; Economic System is 'Pure Fiction'
NSA Whistleblower: Phone Collection Data Could Be Used to Determine Active Tea Party Members
Microsoft Waits to Fix Your Software Bugs So the NSA Can Use Them First
Military-Industrial Complex Presstitutes Get SMACKED DOWN By A Real Journalist
The Best American Cities for Economic Growth
Internet Archive Federal Credit Union Backed by Internet Pioneer Brewster Kahle
Handcuffed and Helpless
Ron Paul talking about computer surveillance in 1984
Google Analyst: Bitcoin Could Be ‘The Internet of Money’
Jeffrey Tucker: Bitcoin’s Moment