Guenther Merl, co-overseer of Germany's bank bailout fund, is resigning. While the government...

|By:, SA News Editor

Guenther Merl, co-overseer of Germany's bank bailout fund, is resigning. While the government cites "personal reasons," sources say Merl was frustrated by a lack of influence over the fund. Critics say the fund - SoFFin - isn't doing enough to stabilize Germany's banks. (ETF: EWG)