Reuters Blogs

MacroScope

Shining a light on the dismal science

16:33 October 12th, 2008

Trust us, we’re the bank

Posted by: Corbett B. Daly
Tags: MacroScope, , , , , , ,

Josef Ackermann, Chairman of the Institute of International Finance and the head of Deutsche Bank, says he’s confident leaders from around the world will take needed steps to bringing normality to the world’s struggling financial system.

“I am pretty sure that the governments will guarantee parts of the whole sale funding and that should actually tell people that there is no risk and you don’t lose money while investing in other banks and I think that is important,” the head of Germany’s largest bank said Sunday.

One comment so far

Thankyou very very much ,I so needed a good laugh this morning. :) :) :)

- Posted by Jim

Post Your Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

House Rules:
  • We moderate all comments and will publish everything that advances the post directly or with relevant tangential information
  • We try not to publish comments that we think are offensive or appear to pass you off as another person, and we will be conservative if comments may be considered libelous information.