German finance minister compares Wall Street to swamp-dwelling frogs; frogs will sue, they croak

05/21/2010 3:22 pm EST


Jim Jubak

Founder and Editor,

My favorite quote of the day about Wall Street's complaints about financial reform comes from German finance minister Wolfgang Schaube.

"If you want to drain a swamp, you don't ask the frogs for an objective assessment of the situation," he told a press conference in Berlin.

And so closes another chapter in the German government's deft handling of the euro debt crisis.
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