22 October 2008
Not Enough Bullets, Bloddy Kraut Edition
Well, the Germans have a bailout plan, one they developed after stiffing the rest of the Euro zone, and now they have been browbeaten into softening pay limitations of their bailout package by bank executives making noises about not accepting state aid.
It was to be a hard pay limit of €500,000 ($666,000), but that was too much for the upper failed management at the failed banks to accept.
Where is my revolver.
It was to be a hard pay limit of €500,000 ($666,000), but that was too much for the upper failed management at the failed banks to accept.
Where is my revolver.
Labels:
Corruption
,
Finance
,
Hypocrisy
,
regulation
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