“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’.”
Related posts:
World's Largest LED Hydroponic Farm Used to Be a Sony Factory
RIAA: Bitcoin Makes it Hard to Track or Seize Pirate Bay Donations
Police Crackdown at Burning Man Alarms the Community
Latest War is a Defense Bureaucrat’s Wet Dream
Ben Swann: President Obama Wants To Protect Children? Why Not End U.S. Drone Strikes?
New Mexico's Torture State
Homeland Security "Constitution Free" Zones Inside US Ignored By Media
A Recovery Where You’d Least Expect It
The Rocky Mountain Road to Legal Marijuana Commerce
Police Brutally Attack And Release Dog On Unarmed Teenager
Expulsion of Olympic Athlete for Marijuana Raises Questions
EU Moves to Monitor Uploads, ‘Censor’ Memes, ‘Tax’ Website Links
3 Time Emmy Winning CNN Journalist: Media Runs Paid Propaganda For FOREIGN Dictator
MIT researches find gold can control blood clotting
Santa Obama Gives Pay Raise to Federal Workers