“Mein Gott Wolfie, I haff found ze grain of truth”
Manipulation, mendacity and and madness as German, Madrid & Brussels sources admit Schäuble ‘must’ve known what would happen’
The Slog: Despite German Finance Minister Wolfgang Schäuble’s earnest TV
attempts yesterday to distance both himself and Berlin from the decision
to include small Cyprus bank depositors in the bailout haircut, across
the eurozone his protests were dismissed as completely untrue.
“Bullshit,” said the Slog’s Brussels mole this morning of Schäuble’s
account, “He was the leading hawk in the meeting, demanding a 40% levy
on larger depositors. In order to get that level down to 10%, the other
Finmins were left with no choice but to include the smaller bank
customers. Herr Schäuble could’ve opposed the shift to haircuts for
smaller savers, but he sat there saying nothing. It’s a bare-facd lie”.