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Re:Germany’s top financial supervisor dismissed a decade of ... by chki on Friday July 17, 2020 @08:23AM (#23869729)
>If you're on the DAX or a politician, you're untouchable in Germany and lots of people inside and outside of Germany have no idea of how insanely corrupt the German government and their corporate buddies are.

This is obviously not true. There have been numerous uncovered political scandals in Germany that have led to politicians and managers loosing their job. Christian Wulff (Former German President), Guttenberg (former Defence Minister), etc.

Re:Germany’s top financial supervisor dismissed a decade of ... by arcturus17 on Friday July 17, 2020 @09:00AM (#23869986)
Being Spanish yet having lived in Germany for quite some time, I agree with you...

I'm not saying there's no corruption in Germany - I think there's always going to be some level corruption at a certain scale of state - but there's no need to go as far as China or Russia for comparison. Just come to the South of Europe for a taste of what grand-scale corruption in what are otherwise (seemingly) high-functioning democracies...

I remember watching a Brazilian high government official (Justice minister?) on Anderson Cooper mentioning that Lava Jato had seen ~3 USD billion disappear, as Cooper reacted with a wide-eyed grin... And I thought to myself, huh, that's arguably the largest national corruption scandal in Brazil in recent history, and it's about the same size as the "EREs case" [1] in Spain, which was a regional affair, and where ~3 EUR billion also disappeared. One of many perpetrated by both main political parties in the last couple of decades.

Like I say, I don't think Germany is without corruption, but it's a matter of gradation - it's hard to label it as an "insanely corrupt" country seeing what's out here.

[1] https://es.wikipedia.org/wiki/Caso_ERE_en_Andaluc%C3%ADa

Re:Germany’s top financial supervisor dismissed a decade of ... by levosmetalo on Friday July 17, 2020 @09:30AM (#23870228)
The issue is people are just not aware on the corruption in Germany because there's no "personal" and "everyday" corruption in a daily life.

But if you look "up" the amount of corruption rise to the astonishing levels. Just remember Stuttgart 21 or the Berlin Airport, Hamburg Elb Philharmonic, Battleship Gorch Fock. Germany is full of such corrupt projects, it's obvious and everyone knows about it, but nobody yet went to jail because of it.

Re:Germany’s top financial supervisor dismissed a decade of ... by chki on Friday July 17, 2020 @10:02AM (#23870543)
>Stuttgart 21 or the Berlin Airport, Hamburg Elb Philharmonic, Battleship Gorch Fock

None of those are examples of corruption, unless you have an almost unlimited understanding of what constitutes corruption.

Re:Germany’s top financial supervisor dismissed a decade of ... by VMG on Friday July 17, 2020 @10:46AM (#23871064)
There is a small group of actors that benefits from these projects. The bribery part is hard to prove, I give you that, but it is very likely.
Re:Germany’s top financial supervisor dismissed a decade of ... by chki on Friday July 17, 2020 @11:40AM (#23871697)
Bribery isn't "hard to prove" but instead there are no credible bribery accusations at all. Missmanagement in massive infrastructure projects are a much more reasonable explanation. It also makes a lot of sense because the actors are often state government officials that have never overseen a comparable project. Planning an airport or a new flagship concert hall is difficult. I agree that there were serious mistakes but they can be very well explained by incompetence rather than bribery.
Re:Germany’s top financial supervisor dismissed a decade of ... by hef19898 on Friday July 17, 2020 @02:22PM (#23873725)
And this cluelessness is then abused by contractors. With flanking maneuvers targeting political leadership. No clear cut corruption, but the lines get blurry.

Fun fact, for a very long time German companies could declare bribes paid abroad in their taxes. Legally. Seems that a lot of people didn't get the memo that bribery was, indeed, illegal now.

Re:Germany’s top financial supervisor dismissed a decade of ... by formerly_proven on Friday July 17, 2020 @05:46PM (#23876235)
> Fun fact, for a very long time German companies could declare bribes paid abroad in their taxes. Legally. Seems that a lot of people didn't get the memo that bribery was, indeed, illegal now.

Surprisingly realistic policy, considering that bribery is simply part of everyday business in some locales.

Re:Germany’s top financial supervisor dismissed a decade of ... by literallycancer on Saturday July 18, 2020 @11:43AM (#23882123)
Of course they would, in some places it's just the way business is done. At least if they declare it, you can plan for it when executing projects abroad.
Re:Germany’s top financial supervisor dismissed a decade of ... by oh_sigh on Friday July 17, 2020 @02:32PM (#23873834)
Why would the management of a massive project be given to a group that has no experience with such a massive project?
Re:Germany’s top financial supervisor dismissed a decade of ... by tormeh on Saturday July 18, 2020 @09:30AM (#23881286)
There's a podcast on this. "How to fuck up an airport". The short answer is that all the bids were realistic-ish, and therefore too high for the budget. So the Berlin politicians went "We'll do it ourselves! Much cheaper!". And lo and behold...
Re:Germany’s top financial supervisor dismissed a decade of ... by HPsquared on Saturday July 18, 2020 @06:46AM (#23880457)
Any number of reasons. Maybe they had the lowest bid?
Re:Germany’s top financial supervisor dismissed a decade of ... by heavenlyblue on Saturday July 18, 2020 @01:23PM (#23882968)
Well, it’s not hard to mismanage something especially if you want to mismanage it.
Re:Germany’s top financial supervisor dismissed a decade of ... by pantalaimon on Saturday July 18, 2020 @08:12AM (#23880851)
There have been multiple corruption cases surrounding BER which also explains the level of incompetence at display here.
Re:Germany’s top financial supervisor dismissed a decade of ... by chki on Saturday July 18, 2020 @08:39AM (#23881018)
You are correct regarding the BER, apparently there have been some corruption accusations I didn't know about!
Re:Germany’s top financial supervisor dismissed a decade of ... by awakeasleep on Friday July 17, 2020 @09:48AM (#23870414)
This resonates with me as an american.

I dont think there is any amount of money i could offer to safely escape a drunk driving ticket, however the ceo of my company was the head of the board for an security company, and we were forced to use their products despite an unimaginable amount of flaws.

The second the security company was sold we were allowed to drop every aspect of that company, 10 huge enterprise products, and the entire IT and Security organizations both agreed that throwing out the whole years roadmap and working to switch vendors as soon as possible was the best use of our time.

Thats a small example of pure and utter -yet legal- corruption. There is no world in which that vendor was the right choice for a single product let alone 10. Except the world where the CEO could make the productivity of one company fungible with the revenue of another.

Re:Germany’s top financial supervisor dismissed a decade of ... by tdeck on Sunday July 19, 2020 @05:03AM (#23888026)
> I dont think there is any amount of money i could offer to safely escape a drunk driving ticket

https://lifehacker.com/how-to-buy-new-york-citys-get-out-of-...

Re:Germany’s top financial supervisor dismissed a decade of ... by creato on Saturday July 18, 2020 @03:55AM (#23879829)
I think this example is why the appearance of a conflict of interest should be the standard for navigating ethical concerns.

If a guy owns a company, I don't doubt that he believes it's the best at what they do. The one thing most CEOs I've met have in common is they ridiculously overestimate how great their companies are. This guy probably genuinely believed his security company was the best choice. It's "not invented here" on the scale of companies instead of git repos.

Re:Germany’s top financial supervisor dismissed a decade of ... by UnbugMe on Friday July 17, 2020 @10:21AM (#23870730)
Thats not in any sense corruption.
Re:Germany’s top financial supervisor dismissed a decade of ... by ehvatum on Saturday July 18, 2020 @02:11AM (#23879424)
It is in the sense of gross conflict of interest, very obviously. The board should have canned him, but I'm guessing they are all old friends...
Re:Germany’s top financial supervisor dismissed a decade of ... by cynusx on Friday July 17, 2020 @09:48AM (#23870421)
I'd wager these are less cases of individual corruption than party-corruption aka horse-trading for influence and decisions.

A classic problem parties have is that they need to take care of their party militants and their families. This typically creates economic activities (insurance, banks, investment funds, charities, community organizations, ..) that are aligned on party lines.

These companies are part of the party infrastructure and are used as power-bases to influence the party as well.

It's called patronage and is rampant in western democracies.

Re:Germany’s top financial supervisor dismissed a decade of ... by dathinab on Friday July 17, 2020 @12:31PM (#23872319)
> Berlin Airport

Sadly (luckily?) this wasn't corruption but plain out retarded levels of incompetence...

Re:Germany’s top financial supervisor dismissed a decade of ... by ncmncm on Friday July 17, 2020 @03:58PM (#23874808)
Sustained gross incompetence is usually a mask for corruption. Without the corruption, normal corrective mechanisms that minimize products of incompetence elsewhere are allowed to operate.
Re:Germany’s top financial supervisor dismissed a decade of ... by barry-cotter on Saturday July 18, 2020 @04:31AM (#23879995)
Sustained gross incompetence is the norm when it comes to megaprojects like Berlin Airport. Late and very over budget is the norm for projects originally budgeted to cost over $1 billion. You don’t need bribes or backhanders.
Re:Germany’s top financial supervisor dismissed a decade of ... by heavenlyblue on Saturday July 18, 2020 @01:27PM (#23882990)
I think this amount of money should imply certain existential risk: if you have that power then you are inherently liable.

It’s like Putin - you could call him a democratic asshole, but you would never call him incompetent in politics - because if he was, he wouldn’t be alive by now.

Re:Germany’s top financial supervisor dismissed a decade of ... by perl4ever on Monday July 20, 2020 @12:33AM (#23894680)
>you could call him a democratic asshole

Is this an idiom wherewith I'm unfamiliar?

Re:Germany’s top financial supervisor dismissed a decade of ... by allendoerfer on Friday July 17, 2020 @08:04PM (#23877541)
That’s not even incompetence. Dit is Berlin!
Re:Germany’s top financial supervisor dismissed a decade of ... by rurban on Saturday July 18, 2020 @01:23AM (#23879209)
I would not blame incompetence. Same things happen in SW projects all the time. It was wrong planning and organization.

The client was constantly allowed to adjust plans.

I've worked as architect on similar sized projects. You can't allow clients and esp. committees to change direction at all. This a breach of contract. With hospitals, universities, concert halls and airports you need to be strict to the local government, which is the client in such cases. They are no experts, they change every 4 years, they exhibit irrational behavior sitting in a committee.

Re:Germany’s top financial supervisor dismissed a decade of ... by petre on Friday July 17, 2020 @05:16PM (#23875658)
Hopefully the newly created EPPO would fix some of that, at least the ones involving fraud with EU funds.
Re:Germany’s top financial supervisor dismissed a decade of ... by wirespot on Saturday July 18, 2020 @03:20AM (#23879690)
Power corrupts.
Re:Germany’s top financial supervisor dismissed a decade of ... by donjoe on Friday July 17, 2020 @08:34AM (#23869809)
It seems like a couple of years ago, once you fucked up, you resigned out of respect to your office/job/position.

Looking at our current Minister of Transport 'Andi Scheuer', this does not seem to be the case any more. He is still in office after burning more than € 500M in the recent toll scandal [0].

[0]: https://www.dw.com/en/german-transport-minister-blasted-over...

Re:Germany’s top financial supervisor dismissed a decade of ... by peroporque on Friday July 17, 2020 @10:05AM (#23870570)
Or even worse, von der Leyen got promoted to be head of the EU. I mean, wtf!
Re:Germany’s top financial supervisor dismissed a decade of ... by dathinab on Friday July 17, 2020 @12:36PM (#23872380)
This really pissed me off. I mean she had been shown to be both bad at her job and corrupt and instead of kicking here out they promoted her away.
Re:Germany’s top financial supervisor dismissed a decade of ... by freeflight on Friday July 17, 2020 @05:51PM (#23876324)
That's been a rather old joke among Germans: Politicians we don't like we just promote to the EU parliament to get rid of them.
Re:Germany’s top financial supervisor dismissed a decade of ... by marton78 on Saturday July 18, 2020 @03:01AM (#23879626)
Hast du einen Opa, schick ihn nach Europa!
Re:Germany’s top financial supervisor dismissed a decade of ... by allendoerfer on Friday July 17, 2020 @08:12PM (#23877610)
There are no people west of Paris after all!
Re:Germany’s top financial supervisor dismissed a decade of ... by levosmetalo on Friday July 17, 2020 @09:26AM (#23870195)
Even though losing the job is not a punishment, not everyone even lost his job.

Andreas Sheuer is still in charge of transport as a federal Minister, despite the 500,000,000 € heavy corruption scandal.

Von der Leyen got even "promoted" to EU-lead position after heavy corruption scandal last year when she was a Defense Minister of Germany.

Not only Germany, but in the whole EU commission leadership it would be hard to find someone without corruption scandal, accusation or conviction.

Re:Germany’s top financial supervisor dismissed a decade of ... by allendoerfer on Friday July 17, 2020 @09:37AM (#23870308)
Scheuer is my personal pet peeve. His last act was to create road traffic regulations, except he made some procedural errors, so 16 states have to roll them back and implement them again once it has been properly voted on the law. All that after evaporating 500.000.000 € in a pissing contest everyone knew he was going to lose.

The guy is corrupt and comically incompetent, but he just seems invincible. Why is he still in office? My theory is, that it has something to do with his dialect and his overall slightly idiotic appeareance. Though not on the same level as Trump or Boris Johnson, still that seems to give him some sort of protection, because people do not expect anything from him in the first place.

But then again, like OP correctly said: Europes leader has a corruption scandal at home, deleted evidence, the whole thing, but just keeps doing her thing.

Re:Germany’s top financial supervisor dismissed a decade of ... by Grollicus on Friday July 17, 2020 @10:17AM (#23870696)
> Why is he still in office

The answer to that question is called the CSU. But they are losing ground in Bavaria so there's hope.

Re:Germany’s top financial supervisor dismissed a decade of ... by hef19898 on Friday July 17, 2020 @11:07AM (#23871304)
The day the CSU is not the majority party in Bavaria anymore is the day freezes over. Only to melt up again when the new government starts scratching the surface of 70 years of CSU governance, friction heat of doing will be significant.
Re:Germany’s top financial supervisor dismissed a decade of ... by allendoerfer on Friday July 17, 2020 @10:27AM (#23870799)
They will also provide the next chancellor of Germany, so I am not that hopeful yet.
Re:Germany’s top financial supervisor dismissed a decade of ... by pantalaimon on Saturday July 18, 2020 @08:16AM (#23880880)
Söder?
Re:Germany’s top financial supervisor dismissed a decade of ... by qayxc on Friday July 17, 2020 @10:26AM (#23870785)
The problem is that gross incompetence is not a crime.

You can't arrest someone on account of them being an idiot.

It's the responsibility of the other party members and especially the opposition to demand him being removed from office.

Funnily enough the Green Party demanded exactly that, but then again that's the same party that wants general speed limits...

So yeah, of course any party that wants to get reelected in Germany will stand behind that clown, as long as that clown fights for "Freie Fahrt für freie Bürger!" and lets them keep their drivers license, because 21 km/h above the speed limit is just a trivial offence...

Re:Germany’s top financial supervisor dismissed a decade of ... by heavenlyblue on Saturday July 18, 2020 @01:29PM (#23883007)
> The problem is that gross incompetence is not a crime

I think it should be. You get the power over large sums of money and for that you’re liable with your life.

Re:Germany’s top financial supervisor dismissed a decade of ... by qayxc on Sunday July 19, 2020 @08:20AM (#23888841)
Problem is, you wouldn't find anyone willing to take that job then.

We're all just human after all and making mistakes is part of the human condition.

Re:Germany’s top financial supervisor dismissed a decade of ... by heavenlyblue on Sunday July 19, 2020 @12:14PM (#23890306)
I think it’s a comfortable lie people say.

There’s so much that comes with the power that it’s a very shallow argument to make.

Re:Germany’s top financial supervisor dismissed a decade of ... by cool_dude85 on Friday July 17, 2020 @12:49PM (#23872536)
Nice system you've got set up where it's the job of the opposition party to demand removal from office, presumably without the parliamentary power to actually make it happen. So you get to be corrupt as you want, and when it's found out and nothing happens, the other guys take the blame!
Re:Germany’s top financial supervisor dismissed a decade of ... by petre on Friday July 17, 2020 @05:28PM (#23875873)
> You can't arrest someone on account of them being an idiot.

No but you can sure fire them, in the private sector at least.

The 21 km/h above the speed limit would probably not make the auto industry very happy. What good is a Porsche if one needs to drive slowly?

Re:Germany’s top financial supervisor dismissed a decade of ... by marton78 on Saturday July 18, 2020 @06:12AM (#23880354)
Yes. Driving on the autobahn without speed limit is our 2nd amendment.
Re:Germany’s top financial supervisor dismissed a decade of ... by riffraff on Friday July 17, 2020 @11:51AM (#23871836)
> but in the whole EU commission leadership it would be hard to find someone without corruption scandal, accusation or conviction.

that seems an exaggeration, off the top of my head Gentiloni[0] (economics) has not been involved in any corruption scandal or accusation that I know of, nor was Timmermans[1] (VP).

[0] https://en.wikipedia.org/wiki/Paolo_Gentiloni [1] https://en.wikipedia.org/wiki/Frans_Timmermans

Re:Germany’s top financial supervisor dismissed a decade of ... by ChuckNorris89 on Friday July 17, 2020 @08:28AM (#23869756)
Yes, but did they got to jail or have their earnings confiscated? Losing your job is not much of a deterrent when you've filled your pockets with bribes you get to keep and have a nice pension waiting for you while being put on the payroll as an external consultant to the $BIG_CORP you helped during your rule.
Re:Germany’s top financial supervisor dismissed a decade of ... by qayxc on Friday July 17, 2020 @08:53AM (#23869947)
In order for any of that to happen you'd have to be convicted of a crime first.

This would involve stripping immunity first, which doesn't happen all that often and involves approval from the parliament.

Naturally, this is a partisan issue and members of the ruling parties would obviously vote against it, making it very difficult to achieve in practise.

This is common practise in most democratic countries, though and isn't unique to Germany at all.

Re:Germany’s top financial supervisor dismissed a decade of ... by tsimionescu on Friday July 17, 2020 @09:40AM (#23870348)
But that still means that the OP was mostly right: these people are untouchable, so they can steal with impunity.
Re:Germany’s top financial supervisor dismissed a decade of ... by qayxc on Friday July 17, 2020 @10:16AM (#23870683)
It doesn't mean that these politicians are untouchable.

If a politician is being caught stealing (e.g. embezzlement), criminal charges W I L L be put forward and immunity will be stripped from them.

The problem here is that unethical behaviour and gross incompetence simply aren't criminal offences.

Are they to be tolerated? No! But that's a question of changing laws and legislation accordingly, not one of being "untouchable" - because even politicians aren't and that's the point.

There's a difference between conflict of interests/unethical behaviour/incompetence and criminal actions.

The consequence of scandals like this should be a call for tighter laws, increased responsibility of all involved parties and better financial supervision in both politics and private enterprise.

Simply getting out the pitchforks, shouting that all politicians are corrupt criminals and demanding heads to roll doesn't change anything and isn't constructive.

Re:Germany’s top financial supervisor dismissed a decade of ... by tsimionescu on Friday July 17, 2020 @10:59AM (#23871234)
Corruption is different from gross incompetence and unethical behavior.
Re:Germany’s top financial supervisor dismissed a decade of ... by qayxc on Friday July 17, 2020 @08:11PM (#23877604)
You're still missing the point completely - corruption is a crime. The problem is that pretty much nothing these politicians do is actually illegal and thus doesn't constitute a crime in the first place.

This is why legislation and regulations need to change, because that's way easier than trying to change people.

If you don't like the rules of the game, demand to change the rules instead of shouting "You're all cheaters!" and stop there. That's just cheap and not helpful at all.

Re:Germany’s top financial supervisor dismissed a decade of ... by creato on Saturday July 18, 2020 @04:00AM (#23879850)
I generally agree with your point, but I disagree that legislation and regulations are the problem. Once you reach high level politics, the fact is that anything but utterly blatant criminal behavior will be a political issue.

The solution is that politicians need to be held to a much higher standard than the letter of the law, by their voters. It boggles my mind how many politicians have such obvious conflicts of interest that manage to retain approval of their constituents.

Re:Germany’s top financial supervisor dismissed a decade of ... by qayxc on Sunday July 19, 2020 @08:49AM (#23888975)
> I disagree that legislation and regulations are the problem

Feel free to disagree with that. I stand by my point on account of the lack of transparency (e.g. no obligation to make ancillary income public) and the legality of the "Revolving Door"-effect.

Government officials in Germany are free to leave office for private enterprise with no restrictions. Public officers have to report lobbying jobs to their former office for 5 years, but the worst that can happen if they don't is loosing their pension.

The latter is not much of a problem, though, if the new employer just pays well enough...

This leads to CFOs of DAX companies becoming government officials in the ministry of finance; public officers serving in the ministry for radiation protection who dealt with interim storage facilities to leave office for (nuclear-) energy companies, and so on.

Holding politicians to higher standards than the law is delusional. Politicians are humans, too. None of them are Jesus Christ incarnate and none of them should be either, because in a democracy they should represent The People, not some Utopian ideal.

> It boggles my mind how many politicians have such obvious conflicts of interest that manage to retain approval of their constituents.

That's because in Germany, nobody knows that there even is a conflict of interests, because politicians aren't obligated to make additional income public.

A reasonable first step would be to make that mandatory (you don't even have to disclose exact sums of money, but it helps knowing that your representative has a paid seat in some board of directors on the side).

Re:Germany’s top financial supervisor dismissed a decade of ... by heavenlyblue on Saturday July 18, 2020 @02:07PM (#23883388)
You just need to be slightly less corrupted than other politicians
Re:Germany’s top financial supervisor dismissed a decade of ... by tsimionescu on Saturday July 18, 2020 @11:57AM (#23882237)
> The problem is that pretty much nothing these politicians do is actually illegal and thus doesn't constitute a crime in the first place.

That is an assumption on your part. In the absence of thorough investigations that would condemn or exonerate them, it is difficult to say. Of course, it would be very twisted to say that the lack of investigations is proof of real corruption. Still, it should also not be taken as prrof of no corruption.

Re:Germany’s top financial supervisor dismissed a decade of ... by DiogenesKynikos on Friday July 17, 2020 @08:39AM (#23869844)
Guttenberg had to resign because his doctoral thesis was full of plagiarism. Even the introduction was plagiarized - but with small changes that made it clear that an attempt had been made to hide the plagiarism.

Guttenberg's public image rested on the idea that he was a morally upright, well composed, competent businessman, along with his noble lineage and family castle. The revelations about his thesis destroyed his credibility.

This is rather different from financial corruption of the sort hinted at in this article.

Re:Germany’s top financial supervisor dismissed a decade of ... by levosmetalo on Friday July 17, 2020 @09:33AM (#23870274)
At least he resigned when he was caught.

Francisca Giffey, the Family Minister, never resigned when her doctor thesis was found plagiarized.

Also von der Leyen, former German Defense Minister and current European Commission leader didn't resign when she was found that she falsified her official CV.

Re:Germany’s top financial supervisor dismissed a decade of ... by DiogenesKynikos on Friday July 17, 2020 @10:54AM (#23871177)
Guttenberg tried to hold onto his position. He at first rejected the accusations, even though they had already been extremely well documented:

> Ich bin gerne bereit zu prüfen, ob bei über 1200 Fußnoten und 475 Seiten vereinzelt Fußnoten nicht oder nicht korrekt gesetzt sein sollten und würde dies bei einer Neuauflage berücksichtigen

> I am perfectly willing to check whether in any of the over 1200 footnotes and 475 pages individual footnotes were not - or not correctly - inserted, and to correct this in a new edition.

Guttenberg kept to this position for a week, while Angela Merkel and most of the government supported him.

In the end, though, the extensive plagiarism (93% of the pages have at least one known instance of plagiarism) in his dissertation was so well documented that it was impossible to deny, and his statements about possibly having made a few mistakes here and there also looked more and more like outright lies. Nobody plagiarizes to that extent by mistake.

Re:Germany’s top financial supervisor dismissed a decade of ... by C1sc0cat on Friday July 17, 2020 @01:20PM (#23872961)
" or a contract to friend's friend's construction company" Is absolutely corruption.

Years ago I did a high level IR/HR course at BT where this sort of low level corruption was one of the most common types of serious misconduct.

Of course getting investigated by BT Security is not a happy fun experience.

Re:Germany’s top financial supervisor dismissed a decade of ... by zepearl on Friday July 17, 2020 @04:45PM (#23875318)
Yeah, Guttenberg and Von der Leyen are definitely on my "bad people"-list.

Guttenberg was even the main candidate to direct some sort of "Internet security/ethics" department (don't remember anymore exactly what it was)? What kind of joke is that?

Von der Leyen was involved in the story about spending a lot of $ for external contracting companies & other stuff, then she got "promoted" to the EU-level => another joke, for me.

Re:Germany’s top financial supervisor dismissed a decade of ... by dpoochieni on Friday July 17, 2020 @08:32PM (#23877763)
Damn I knew EU was a corrupt institution but didn't know they were so brazen to openly embrace such an individual as Mrs Leyen
Re:Germany’s top financial supervisor dismissed a decade of ... by rasz on Friday July 17, 2020 @10:38AM (#23870970)
You are technically not wrong. I mean Hans-Georg Maassen, head of BfV (spy agency), did lose his job. Not after sharing secret information with neo nazis, that wasnt enough. He doubled down by calling fake news at a video showing neo nazis chasing/beating immigrants. Had to leave his BfV presidency ... for a higher paying position at the interior ministry ;-) aka promotion.
Re:Germany’s top financial supervisor dismissed a decade of ... by s9w on Friday July 17, 2020 @10:55AM (#23871184)
That is not what happened at all.
Re:Germany’s top financial supervisor dismissed a decade of ... by formerly_proven on Friday July 17, 2020 @12:07PM (#23872018)
That's true and you are getting downvoted incorrectly. At first the interior minister wanted to move him to another equally well-paid position, but due to political backlash and also Maasen insisting there is a "radical left cabal" against him inside the government was retired early, which is still very much a golden parachute, but also the intended way for the government to remove political officials from office.
Re:Germany’s top financial supervisor dismissed a decade of ... by rasz on Saturday July 18, 2020 @07:04AM (#23880533)
Retired to join law firm he was fighting while heading BfV. Clearly no conflict of interest there.

https://www.dw.com/en/german-ex-spy-chief-maassen-to-join-la...

I hope the revolving door didnt hit him in the ass.

Re:Germany’s top financial supervisor dismissed a decade of ... by konradha on Friday July 17, 2020 @01:07PM (#23872794)
How so?
Re:Germany’s top financial supervisor dismissed a decade of ... by s9w on Friday July 17, 2020 @01:42PM (#23873258)
politics is verboten here
Re:Germany’s top financial supervisor dismissed a decade of ... by bluelu on Friday July 17, 2020 @08:50AM (#23869924)
Funny thing about Gutenberg is that he was also lobbying the german government in favor of Wirecard. https://www.spiegel.de/politik/deutschland/karl-theodor-zu-g...
Re:Germany’s top financial supervisor dismissed a decade of ... by mschuster91 on Friday July 17, 2020 @09:08AM (#23870051)
Not just that, Guttenberg was also a key figure in the "Augustus Intelligence" corruption scandal of Philipp Amthor.
Re:Germany’s top financial supervisor dismissed a decade of ... by hef19898 on Friday July 17, 2020 @11:09AM (#23871333)
Both, he is quite your guy for that. Kind of the lobbying equivalent of SoftBank, as soon as he's involved, probability of things being fishy increased significantly.
Re:Germany’s top financial supervisor dismissed a decade of ... by freeflight on Friday July 17, 2020 @05:47PM (#23876260)
> Christian Wulff (Former German President), Guttenberg (former Defence Minister)

None of these two served any prison sentences. Wulff was acquitted after he refused to pay 20k € to make it instantly go away and even had damages paid.

Guttenberg was caught plagiarizing for his doctoral dissertation, which is a rather common thing among German politicans. As a consequence he lost some public clout, but instead wrote a book for even more publicity, afaik right now he's doing some work for Springer in the US, biding his time for a another comeback in German politics.

Meanwhile to this day even Kohl's donation scandal, hasn't seen any proper investigation, nor the Amigo-scandal, NSU-scandal, nor the countless others, particularly on a local state level.

Heck, just look at people like Mehdorn and projects like the BER construction site: He, being such a highly renowned and well paid manager, was supposed to fix that mess. Nothing was fixed, the whole thing is still a massive mess, political consequences for anybody actually responsible? Pretty much zero.

The thing is: We Germans are very good about keeping up appearances, as a result of that inconvenient truths and topics often fall by the wayside.

Re:Germany’s top financial supervisor dismissed a decade of ... by theelous3 on Friday July 17, 2020 @09:13AM (#23870096)
Losing your job just doesn't even register as an actual consequence when it comes to high level corruption though. Like maybe we should take their lollipops too? No TV before dinner?