Roberto Abraham Scaruffi: 'No More Cause for Feeling Schadenfreude'

Tuesday, 30 September 2008

'No More Cause for Feeling Schadenfreude'

THE WORLD FROM BERLIN
'No More Cause for Feeling Schadenfreude'
With the government bailout of Hypo Real Estate Holding Monday, the now-global financial crisis has arrived and reared its ugly head in Germany. Commentators here largely approve of the measure, but they also want more government action -- and less anxiety -- soon.