Deutsche Bank CEO Says `Mistrust' of Spain, Banks `Unjustified' - Bloomberg

Deutsche Bank CEO Says `Mistrust' of Spain, Banks `Unjustified' - Bloomberg: "Investors’ mistrust of Spain is unjustified and problems in the banking industry are “manageable,” Deutsche Bank AG Chief Executive Officer Josef Ackermann said, as Europe’s debt crisis intensified.
The fundamental economic data “in no way justifies the apparent mistrust that exists in the case of Spain, though not only there,” Ackermann, who also heads the Institute of International Finance, a global industry group with more than 400 members, said yesterday in response to a request by Bloomberg News. “Spain can deal with its problems by itself.”"