WestLB may shed risk: German bank wants to take $29.3 billion off its balance sheet
Article Abstract:
Germany's biggest state-controlled bank, WestLB AG, may shed approximately $29.3 bil in high-risk assets into a special-purpose, off-balance-sheet vehicle. The move would enable WestLB to avoid taking any write-downs connected to the assets, but could leave taxpayers with any losses.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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In German vote, onetime outsider offers big changes
Article Abstract:
Angela Merkel of the Christian Democratic Union is campaigning to be leader of Germany. Ms. Merkel plans to reform labor, tax and social policies. Germany is the world's third largest economy.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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