Market Currents

• Thursday, November 6, 2008

• 05:30 AM The European Commission investigates whether Commerzbank (CRZBY.PK) is set to pay too low a price for €8.2B from the German government. This is the first public dispute between the EC and state officials over bank participation in a rescue plan. Comment!

• Monday, November 3, 2008

• 04:53 AM Commerzbank (CRZBY.PK), Germany's No. 2 bank, gets an €8.2B ($10.6B) bailout from the German government's rescue fund after a Q3 loss of €285M vs. a profit of €339M the year before. Shares +13% in Frankfurt trading. Comment!