Yes, wasn’t a very good month for me. Crap weather put a real downer on things.
- EFSF just buys time, it is an investment for bridge financing
- Europe is at a crossroads, needs more political integration, common budgetary policy
- Not seeing any mistrust of Commerzbank in terms of refinancing
- Financial industry will have to live with great volatility in the coming quarters
- Profit targets dependent on markets calming down relatively quickly