Except the fine hasn't actually been imposed. The actual fine will be about half, or less, which will be in line with expectations. Given the ECB is more or le

Except the fine hasn't actually been imposed. The actual fine will be about half, or less, which will be in line with expectations. Given the ECB is more or less committed to sub-zero interest rates for the next decade, the German government bond auction very recently failed, DB's and the German financial industries' reluctance to accept what started in 2007 has ended right at their door because of their inaction, and 10 years of absurd Mercantilism that has crushed 30% of the European economy, to say this latest round of catastrophe is because of a fine is myopic in the extreme.