Made in Germany | The Banking System - Too Big To Go Bust

Hypo Real Estate? Commerzbank? Both banking giants are system-relevant banks that can't fail without undermining financial markets at large. Citibank,insurer AIG and countless other companies are also system-relevant enterprises. Too big to fail -- as financial institutions grew bigger and less transparent,they paved the way for the economic crisis in the autumn of 2008,the most severe international downturn since the Great Depression. But as the crisis continued,the trend toward consolidation accelerated. Have banks been given carte blanche to continue on their current course?

Category:

News & Politics

Tags:

• Deutsche
• Welle
• Germany
• Deutschland
• DW-TV
• Information
• Made
• in
• Economics
• Commerzbank
• Citibank
• system
• relevant
• crisis

[comsunjava]

Businesses can always count on a bailout? Yes, that's the hybrid-German-Communist model - privatize the profits, subsidize the losses - which the U.S. now practices, with the Wall Street bailout.

[allgoo19]

Gyrode: "One important..."

I can't even remember if I ever watched this clip before. ^_^;

[Gyrode]

One important difference between a corporation and a government entity is that the company has the profit/loss motive. If you are a bank and know the government will lend you money when you make risks you wouldn't normally take...then you have problems!

[allgoo19]

When people are going to learn?

Repeating the same thing over and over.

[Thamsite]

Neue Schafe für den Trading Floor, wissen sie wirklich was abgeht? Ich glaube nicht, dass sie die wirkliche Architektur des Geldbildes verstehen.