Deutsche Bank AG (DB): This is politics at its best Germany...

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Deutsche Bank AG (DB)

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Sunday, 12/09/2018 10:11:37 AM

Sunday, December 09, 2018 10:11:37 AM

This is politics at its best

Germany says it wont spend tax payers money to make it the biggest share holder in DB before a possible merger with another bank.

https://www.bloomberg.com/news/articles/2018-12-08/government-stake-in-deutsche-bank-draws-rebuff-in-merkel-s-party

That statement was probably written by a lawyer, and technically its true however

Germany has already spent tax payer money propping up DB both as cash injections and buying shares.
Germany will “probably” carry on do that to avoid a crisis.

I accept however it is NOT the biggest shareholder, so as I said, technically true.

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