Kremlin Top Lobbyist Unavailable For Comment

And Gazprom Gerd‘s silence is poisoning the atmosphere in Germany. Poisoning, get it?

Gerd

German politicians warn ex-Chancellor Gerhard Schröder to quit Russian posts – CDU and Green politicians have urged Gerhard Schröder to “immediately give up his offices and posts in Russia” over allegations of Russian involvement in the poisoning of Alexei Navalny.

“He should not ignore this, neither politically nor morally.”

German Of The Day: Steuerhinterzieherin

That means tax evader – of the female persuasion.

Taxes

The title of the article: The Super-Lefty as Tax Evader.

Katrin Lompscher (Left Party), the Senator for City Development in Berlin’s red-redder-green (SPD, Left Party, Greens) city government – and the mother of the city’s infamous, breathtakingly failed and unconstitutional Mietendeckel or rent cap – has been forced to resign due to tax irregularities. They weren’t paid regularly enough, in other words – she earned too much on the side and declared too little. It’s folks like her – and there are a whole lot of them here in this city – who put the Social in Social Democracy. Sorry. I meant, who put the Left in the Left.

Zu viel Kohle nebenher kassiert und nicht versteuert – das klingt nach turbokapitalem Protzvillen-Raffke.

Made In Germany

Remember when Germany was known for virtues like incorruptibility, restraint, discipline and a sense of justice?

WireCard

Yeah, me neither. The Wirecard meltdown – and let’s not forget Volkswagen’s Dieselgate, the „Cum-Ex“ files, practically everything Deutsche Bank has ever done, etc. – is yet another reminder of a much greater problem here: Dishonesty and corruption.

The collapse of tech giant Wirecard triggers national angst in Germany – Politicians and officials in Germany are scrambling to tighten up the regulatory oversight of fintech companies following the collapse last month of Wirecard, the online payment processor.

The company, once worth more than $27 billion, filed for insolvency after admitting that a huge fraud had been perpetrated and that more than $2 billion was missing from its accounts. The CEO, Markus Braun, resigned and was arrested. As Europe’s largest fintech, Wirecard was widely regarded as a national champion in Germany, and so the collapse has caused a national bout of soul searching.

“You don’t get to a 2 billion euro [$2.3 billion] hole in your accounts overnight. Something clearly had to have been happening over quite a prolonged period of time.”

German Of The Day: Dax-Zombie

That means DAX zombie.

DAX

For the first time, a DAX company, Wirecard, has gone broke but won’t be kicked out of the index until September.

Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive.

The digital payments company said in a statement Thursday it had opened legal proceedings in Munich “due to impending insolvency and over-indebtedness.” Share

Mit Wirecard ist zum ersten Mal ein Dax-Konzern pleite gegangen. Aus dem Leitindex fliegen dürfte der Konzern aber erst im September.

Where On Earth Did I Put That €1.9 Billion?

I didn’t leave it in my other wallet now, did I?

Wirecard

Remember when Germany used to have that squeaky-clean image? Yeah. Me neither. Now Wirecard has stepped up to the plate.

German payments firm Wirecard says missing €1.9bn may not exist – Company thought money was in two Asian banks but search hits dead end in Philippines.

“The management board of Wirecard assesses on the basis of further examination that there is a prevailing likelihood that the bank trust account balances in the amount of €1.9bn do not exist.”

What Does SPD Stand For?

Other than Social Democrat Party, I mean. Shekels, Payola and Dough?

SPD

Or is it more like Scratch, Plunder and Dinero?

When not fighting for the rights of the working class and alleviating the capitalist economic oppression of the masses, ex-vice chancellor and national chairmen of Germany’s Social Democrat Party Sigmar Gabriel enjoys doing part-time community service work serving on the supervisory board of the freakin’ Deutsche Bank.

It’s understandable. Sort of. He recognized there was a problem with Deutsche Bank years ago (he wasn’t the first, however) and now only wants to take this opportunity to help them clean things up.

“Deutsche Bank, as one of the most important financial institutions in Europe, has the opportunity and the responsibility to help shape the future of the German and European economy. I want to play a part in this.”

What A Spooky Thought

That Berlin’s ghost airport could finally, like, actually, you know, well, open? Sends shivers down my spine.

Airport

But I don’t believe in ghost airports. That eventually open, I mean. You can’t scare me with that nonsense. So don’t even try.

After a 13-year saga punctuated by scandals, bankruptcies and comical setbacks, Berlin’s new airport could finally open in 2020 – nine years behind schedule.

An exact opening date for Berlin Brandenburg Airport (BER) – October 31, 2020 – was announced last week, with Dietmar Woidke, Minister President of the German state of Brandenburg.

“This time it will happen.”

Boo!

The Perfect Choice

This woman  has been in charge of the German Bundeswehr for what feels like decades and has accomplished absolutely nothing other than to stumble from one self-inflicted scandal to the other without ever having to face the consequences because, being one of Angela Merkel’s top girls (and therefore being more equal than the other girls), she is simply too good and too big to fail.

Leyen

That is why she is the ideal choice to head the European Commission. Un-freakin’-believable.

Germany’s Ursula von der Leyen nominated to lead EU Commission – EU leaders have put forward their nominations for the bloc’s top jobs, with a woman for the first time proposed as European Commission chief.

The surprise choice of German Defence Minister Ursula von der Leyen to replace Jean-Claude Juncker came after the main front-runners were rejected.

“Von der Leyen is a very good candidate and a very good choice to head the European Commission. Her capacities and competences totally qualified her.”

German Of The Day: Korruption

That means corruption. It’s a foreign word here, though.

Audi

Unless, of course, you’re talking about VW, Daimler, BMW, Audi

Now it’s out that Audi tampered with the chassis numbers of their test vehicles to hamper the emissions scandal investigation going on in Korea. And it looks like this was all directed from Germany.

Please note: The next time Germans get morally outraged about the next big moral outrage in US-Amerika – and it won’t be long – remember that absolutely nobody here in Germany pays the slightest attention to any of this dieselgate made in Germany crime and corruption stuff. They’re all serfs owned by the German automobile industry.

Audi hat jahrelang Fahrgestellnummern von Testautos gefälscht und so die Aufklärung des Abgasskandals in Korea behindert. Die Vorgänge wurden offenbar von Deutschland aus gesteuert.

 

Speaking Of Corruption…

As far as I can tell, there isn’t a German automobile company that isn’t involved in emissions manipulation. Or maybe this is just another misunderstanding/accident kind of thing again.

Daimler

Remember when Germany used to have a clean image? Me, neither. It has been a while now, hasn’t it?

Daimler faces a recall order for more than 600,000 diesel-engine vehicles including C-Class and G-Class models because of suspected emissions manipulation, German magazine Der Spiegel reported on Friday.

Auch Daimler soll bei Diesel-Pkw bei den Abgaswerten getrickst haben. Das Kraftfahrt-Bundesamt könnte einen Rückruf von über einer halben Millionen Autos anordnen.