Amagerbanken den største fejl i Danmarkshistorien

Det er formentlig den største udgiftspolitiske fejltagelse, der nogensinde er sket i kongeriget Danmark, siger professor Finn Østrup, CBS, om forløbet omkring Amagerbankens krak.

Det er fuldstændig utroligt, at Finansiel Stabilitet giver en garanti på 13,5 milliarder kroner, og efter blot tre måneder er en stor del af beløbet forsvundet, siger han.

Amagerbanken den største fejl i Danmarkshistorien

Armageddon Bank - Amagerbanken

"Amagerbanken is a small bank in Denmark — but its failure could end up having big consequences for investors in bank debt. It might end up being a relatively rare instance of a bank’s senior unsecured investors (and depositors) taking a hit."

Financial Times FT Alphaville Armageddon Bank

WestLB plan would have 'drastic effect' on Irish subsidiary - The Irish Times - Thu, Feb 17, 2011

"Like many other Landesbanken, WestLB struggled to justify its existence in the past decade after Brussels removed its right to borrow money on preferential, state-backed triple-A terms.

Before losing this state guarantee – the central pillar of all Landesbanken operations – WestLB and others made large speculative investments, including subprime loans, through their Dublin-based operations."

WestLB plan would have 'drastic effect' on Irish subsidiary - The Irish Times - Thu, Feb 17, 2011

For Germany's Banks, a Grim Future - NYTimes.com

"The woes of WestLB, which has received $11 billion in taxpayer support since 2009, are symptomatic of a larger problem in the German economy. Many of its biggest banks are still on government life support after making bad lending bets during the bubble years. And with their access to cheap capital long gone, their prospects of becoming profitable again are dubious."

For Germany's Banks, a Grim Future - NYTimes.com:

WestLB Likely to Be Broken Up as No Buyer Is Found, FTD Reports - Bloomberg

"WestLB AG will probably be broken up and sold in parts, as no buyer for the bank as a whole can be found, the Financial Times Deutschland reported today, citing unidentified people in the financial industry."

WestLB Likely to Be Broken Up as No Buyer Is Found, FTD Reports - Bloomberg:

Moody's nedgraderer Danske Bank og fire andre

Kreditvurderingsbureauet Moody's Investor Service sænker sin langsigtede kreditvurdering af fem danske banker, hvoraf tre sættes på observationslisten for yderligere nedjusteringer. Det sker i kølvandet på Amagerbankens kollaps, som har ændret ved det systemiske støttebillede af den danske banksektor.

Moody's nedgraderer Danske Bank og fire andre: