‘Germany’s stupidest bankers’ suspended over Lehmans mess-up

Three executives dubbed “Germany’s stupidest bankers” in the press have been suspended from state bank KfW over erroneous transfers of more than 500 million euros (710 million dollars) to the bankrupt Lehman Brothers, the KfW said.

The bank state-owned lender mistakenly transferred more than 350 million euros to Lehman Brothers on Monday after the USinvestment bank filed for bankruptcy protection…


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