Italian prosecutors have now accused six former and current Deutsche Bank AG executives of collusion to manipulate the market and whitewash the accounts of Banca Monte dei Paschi di Siena SpA .
Once again, it reiterates that mere cosmetic changes do not help. Something is real rotten in the debits and credit of Frankfurt. It is not mere disregard for the laws; it is insensitivity of top managers to any ethical values as long as it makes profits. The rot seems to have crept all the way to the then top echelons. Profit aggrandizement appears to have struck at the very heart of a great institution.
A lonely house before
remains no longer the garden, house and tree
Once again, it reiterates that mere cosmetic changes do not help. Something is real rotten in the debits and credit of Frankfurt. It is not mere disregard for the laws; it is insensitivity of top managers to any ethical values as long as it makes profits. The rot seems to have crept all the way to the then top echelons. Profit aggrandizement appears to have struck at the very heart of a great institution.
Herman Hesse's Poem Traum may apply
Es ist immer
derselbe Traum
Ein
rotbluhnender Kastanienbaum,
Ein Garten,
voll von Sommerflor,
Einsam ein
altes Haus davor
Dort, wo der stille Garten liegt,
Hat meine Mutter mich gewiegt;
Vielleicht - es ist so lange her -
Steht Garten, Haus und Baum nicht mehr.
Hat meine Mutter mich gewiegt;
Vielleicht - es ist so lange her -
Steht Garten, Haus und Baum nicht mehr.
Translation
It is always the same dream
A rotbluhnder chestnut tree,
a garden full of summer flowers
For places
where silence is the garden,
where my
Mother had cradled me
Maybe it is
so long ago,
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