Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||You Know My Repeated Ragging on Douche-Bank?; entered at 2012-03-27 07:00:45|
Registered: 2008-03-23 The Green Mountain State
Apres moi, le deluge:|
Chief Executive Officer Josef Ackermann, who has called proposals to limit bank size misguided, will leave behind a balance sheet about 40 percent larger than in 2006, and more than 80 percent as big as Germanys economy, when he steps down in May. The firm is the second-most leveraged and third-least capitalized of Europes 10 largest banks, even after Ackermann boosted reserves and trimmed dependence on borrowed money.