Germany must stop dithering over what to do about its Landesbanks - regional institutions that had an unusual predilection for risky assets.
对于如何处置格外偏爱风险资产的地区性银行,德国不能再迟疑不决。
The savings banks, which are protected from private sale by law, do not want to merge with Landesbanks nor will they let them go to anyone else.
由法律保护出售的私有储蓄银行,不愿并入州立银行,也不愿并入任何其他银行。
IKB may be a special case, but many German Banks, particularly the wholesale Landesbanks, have been tempted to diversify into CDOs, though they deny much subprime exposure.
IKB可能仅仅是个案,但许多德国银行,尤其是批发银行,已被引流分化为信贷资产证券,哪怕他们否认存在太多的次级部分。
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