Archive for August 14th, 2007

Do banks know what they do?

1 Comment Published by Dagmar August 14th, 2007 in Practice, Banking Industry

Actually, this is not exactly the question I want to answer with this post. It is borrowed from an article in today’s Financial Times Deutschland, which is titled “For they know not what they do”. Author Tobias Bayer looks at the latest bank-failures (or better almost-failures) in Germany and presents some surprisingly simple explanations:
At first, […]