Tuesday, August 30, 2011

Doth Fritz protest too much?

Alphaville has put up the table on the left. A brief glance at the column entitled 'Greece % of Core Tier 1' for banks raises the possibility that the frequency and vehemence of German verbal attacks on profligate peripherals may be closely correlated to the degree of stupidity of its own bankers.

Commerzbank sports an astonishing 30 percent and Deutsche Postbank, 25.















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