We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Own goal

3 April 2008 By Mike Verdin

WestLB and BayernLB are being let off too lightly for their combined E47bn of risky credit bets. The states are underwriting the ringfenced troubled assets, allowing the banks to remain predators. That may jeopardise a chance for a muchneeded banking shakeup.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)