{"product_id":"m-a-of-the-commerzbank-and-dresdner-bank-von-philipp-gauss","title":"M \u0026 A of the Commerzbank and Dresdner Bank","description":"\u003cp\u003eSeminar paper from the year 2009 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,0, European School of Business Reutlingen, language: English, abstract: The current financial crisis has caused governments and central banks to compete,\u003c\/p\u003e\u003cp\u003ewho will achieve the biggest bail-out- and economic stimulus package including the\u003c\/p\u003e\u003cp\u003elowest interest rates. These are supposed to slow down the worldwide recession and\u003c\/p\u003e\u003cp\u003eavoid a deflation. The current crisis has parallels to the ¿great depression¿ in the\u003c\/p\u003e\u003cp\u003e1930th and therefore is also called the ¿great re-pression¿.\u003c\/p\u003e\u003cp\u003eThe German Government has also installed a safety shield, worth 480 billion Euro for\u003c\/p\u003e\u003cp\u003efinancially suffering banks and financial institutions.\u003c\/p\u003e\u003cp\u003eThus, the Financial Markets Stabilization Act was created. It only took a week to pass\u003c\/p\u003e\u003cp\u003ethe bill which is unknown off in Germany and therefore shows the importance of this\u003c\/p\u003e\u003cp\u003elaw. It enables the government to act further than the German Basic Law would\u003c\/p\u003e\u003cp\u003eallow.\u003c\/p\u003e\u003cp\u003eThe Commerzbank was the first German bank to claim a part of governments help.\u003c\/p\u003e\u003cp\u003eThis was due to high losses in the 4th quarter of 2008 and the acquisition of Dresdner\u003c\/p\u003e\u003cp\u003eBank.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e[...]\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783640466757\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783640466757","offer_id":39441590583389,"sku":"9783640466757","price":17.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/71856817-092e-4dc2-ad53-a64a40741a5b.jpg?v=1777615159","url":"https:\/\/shop.autorenwelt.de\/products\/m-a-of-the-commerzbank-and-dresdner-bank-von-philipp-gauss","provider":"Autorenwelt Shop","version":"1.0","type":"link"}