The World from Berlin Commerzbank Bailout Deal to Be 'A Painful Birth'

For the first time in modern history, the German government is bailing out a private consumer bank -- Germany's second largest. Although most commentators see the move to rescue Commerzbank as both prudent and inevitable, many of them don't like the principle or the precedent.
-- Josh Ward, 3:30 p.m. CET
Mehr lesen über