German prosecutors and police today raided the Frankfurt headquarters of state-owned bank KfW, looking into a case suspected criminal breach of trust.
Prosecutors said they had opened an investigation into whether the bank's executives acted criminally in allowing KfW to transfer €319m (£251m) to US investment bank Lehman Brothers on the day it went bankrupt.
Behind the Façades in France: What expats and the mainstream media (French and American alike) fail to notice (or fail to tell you) about French attitudes, principles, values, and official positions…
Wednesday, October 22, 2008
See if you can spot the "clue"
A German bank is tagged as "Germany's Dumbest Bank", see if you can spot the clue which may have tipped off any reasonable person long before any problems cropped up:
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