Shouldn't people be freaking out about this a wee bit more?
Well it'll take a bit more than that. Also, that could be quite politically difficult for her, given that they smugly cut the Greek banks loose on the grounds of fiscal responsibility and she has said there will be no government bailout. Plus, of course, Commerzbank is looking equally shaky and it's an election year. She's damned either way.
On the plus side, it very much wipes some of the smug off our teutonic chums' faces.
nah, wait til the bodies are hitting the pavement of Great Winchester St first imo
“Other clubs never came into my thoughts once I knew Arsenal wanted to sign me.”
Initial indication is a $14Bil fine, which isn't that earth shattering. I strongly expect it will be negotiated down and then spread over several years so that DB doesn't go under.
It certainly isn't in the American's interests to bankrupt one of the largest banks in the world. The upside of global economies, I suppose.