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Old 06-20-2020, 10:37 PM  
Tasty1
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Join Date: Jan 2005
Location: South-America
Posts: 9,276
Quote:
Originally Posted by MaDalton View Post
No one is going to bail out Wirecard - in case anyone was hoping for that.

They are not relevant, they don't hold the money of private citizens (at least not any significant amount), they don't have "tradition", they deal in "dirty" businesses, they brought a lot problems to the German stock excange since they had to be included in the Top 30 in 2018.

I am pretty sure there are many in the finance world who would be happy to see them go.

This is not my personal opinion, this is just how they are perceived.
Maybe not a bailout, but give them a loan so they can print new stocks to raise that 2 billion that is missing. Las crisis there was also a bank that was hated by other banks and let it go bankrupt. Many people lost their savings and the government saved some other banks. Was very strange, government helping 2 banks, with all tax payers money. But the let DSB go bankrupt. Still investigations into that, looks like they where played.
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