Made in Germany | Tax Scandal

A huge tax scandal has emerged. More than 100 suspects are under investigation. And one man has already had to clear his desk: Klaus Zumwinkel is no longer head of the German Post Office.

He is accused of having used foundations in Liechtenstein to evade taxes. What is up with Germany's managers? First, huge bribery scandals: Siemens bribing around the world, in Russia, in Nigeria... Volkswagen was caught bribing members of its works councils with travel, prostitutes, and millions of Euros... and the managers claim they knew nothing about it. Banks have gambled away billions, bringing themselves to the brink of ruin, and then the government - i.e., the taxpayer - bails them out. Are German managers destroying trust in business and the economy? A report by Holger Trzeczak.

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[JessOnTheRun]

typical german incompetence and corruption.

the "image of german business" has been pretty tarnished due to poorly experienced, educated and imcompetent german business leaders... that is why successful german businesses are being runned by americans and asians.

[Mucheln]

Manager, die den Verlust tausender von Arbeitsplätzen verschuldet haben, werden zwar abgelöst, ihre Millionen pro Jahr bleiben ihnen. Jenes Land, das mit dem Finger auf Liechtenstein zeigt, das pöbelt, dem «Treiben» in Liechtenstein müsse mit harten Mitteln ein Ende gesetzt werden, kennt Liechtensteins grosse Anstrengungen, kein Schlupfloch für Gelder zu sein, die kriminell erwirtschaftet wurden, genau! In Liechtenstein darf keine Bank Bargeld in Koffern entgegennehmen, in Deutschland schon!

[MonarchyMartina]

Very good vid that explains things well. There is a huge lack of trust of government, especially when it makes it hard to have a business. It's time not for Liechtenstein to change, but for Germany to become more business friendly.