Germany's Retailer Arcandor says it'll file for bankruptcy

[ASusilovic]

MADRID (MarketWatch) -- Shares of German retailer Arcandor tumbled 32% on Tuesday after the company said it will file for bankruptcy, after being rejected on two fronts for a state loan guarantee and rescue aid.

http://www.marketwatch.com/story/pressure-remains-on-arcandor

What, no state loan guarantee ??? No bailout ? No taxpayer money ? Outsch !

 

[Debaser82]

60.000 employees.

Maybe they should call Obama and see if he has any billions left in his backpocket.

 

[ASusilovic]

Quote from Debaser82:

60.000 employees.

Maybe they should call Obama and see if he has any billions left in his backpocket.

You mean American (Obama ) style socialism ?

 

[nutmeg]

Quote from Debaser82:

60.000 employees.

Maybe they should call Obama and see if he has any billions left in his backpocket.

Maybe the Germans don't want no stinkin dollars.

 

[zdreg]

many germans do not want euros issued outside of Germany.