The German cabinet is set to approve starting back up the country's SoFFin bank rescue fund, but...

|By:, SA News Editor

The German cabinet is set to approve starting back up the country's SoFFin bank rescue fund, but will not force its lenders into recapitalizing. Recent chatter had the country's finmin Wolfgang Schauble about to do a Hank Paulson and demand the nation's banks accept government funds for a recapitalization.