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To EFSF or not to EFSF – a Franco-German drama
(with simultaneous translation from Euro-lingo into plain English) 4:05: “Direct help for bank recapitalization from EFSF is not at all doable” – German Economy Minister (Translation: “Frogs, I thought we told you already, your plan doesn’t fly”) 6:00: “It is important to us that all banks are equipped for all eventualities and must go to…
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Three types of bankers
“There are three types of bankers: those that can count, and those that can’t.” – Eddie George
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