The Truth About Germany's Banks

Denne bør leses:

http://seekingalpha.com/article/224265-the-truth-about-germany-s-banks

"According to leaked estimates by the German financial services regulator, Bafin, German banks’ toxic assets are worth around €800bn, or 30% of German GDP. To deal with these assets, a “bad bank” law was passed in early July to facilitate the transfer of bad assets to special purpose vehicles in exchange for government-guaranteed bonds. This moves the bad assets off balance sheet – but doesn’t exactly let the taxpayer off the hook."