Nor is relationship banking dead enough for Deutsche to consider selling all its 12% stake in DaimlerChrysler quite yet.

ECONOMIST: German banking investments

"If people lose confidence in banking secrecy in Liechtenstein, then Liechtenstein is dead in the water, " said Richard Murphy of Tax Research, a British-based consultancy.

FORBES: Tax Evaders, Beware The Liechten-sting

Kotlikoff is a professor of economics at Boston University, president of Economic Security Planning, author of Jimmy Stewart Is Dead--Ending the World's Ongoing Financial Plague With Limited Purpose Banking, and co-author, with Scott Burns, of Spend 'Til the End.

FORBES: Economics-Based Planning

Given that by definition all of the banking problems that are afflicting Europe today occurred under national supervision, this statement effectively tells Spain to drop dead.

FORBES: Germany to Spain and Ireland: Drop Dead