Made in Germany | At the Heart of the Financial Crisis -- Frankfurt Banks
Автор: DW News
Загружено: 2008-10-16
Просмотров: 1053
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Frankfurt-am-Main is home to the German Stock Exchange the DAX and all the country's major banks. The crisis has struck them a heavy blow as well.
The European Central Bank, working in conjunction with other national central banks has lowered interest rates world-wide. As what analysts describe as a short-term measure begins to take effect, others are beginning to discuss what has to happen to prevent a similar crisis from reoccurring in the future. Experts are making conflicting demands. Some support more government oversight. Others say managers must be made accountable for their mistakes and that financial instruments must be made more transparent for consumers.
In downtown Frankfurt, many fear regaining the confidence lost in this crisis could take years. Join Made-in-Germany reporter Christian Jaburg in Frankfurt to find out what the one thing is that everyone agrees on.
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