Saturday, September 27, 2008

Frank-Walter is not Impressed

While in NY for the opening of the UN General Assembly, German Foreign Minister, Frank-Walter Steinmeier, made a trip to Wall Street, the "epicenter of the world finanical crisis," as an article on the visit in the Frankfurter Allgemeine Zeitung (FAZ) puts it. "Steinmeier had never before been in the world's most important stock exchange," the FAZ notes, "He is surprised by how small and shabby it is."

This from the chancellor candidate of a party, the SPD, that will undoubtedly make the alleged evils of financial markets a central theme of its election campaign next year.