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See afew's German Uprising quoting the FT:
... it was left to Gesine Lötzsch, co-leader of the Linke party, to warn that all the efforts at "saving the euro" were really about "saving our banks from their bad debts."

Accusing the government of failing to take action to regulate the financial markets, she challenged Ms Merkel: "It is time for you to admit: are you negotiating on behalf of German citizens, or are you negotiating on behalf of German banks?"



Of all the ways of organizing banking, the worst is the one we have today — Mervyn King, 25 October 2010
by Carrie (migeru at eurotrib dot com) on Tue Dec 21st, 2010 at 02:34:41 AM EST
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