German corporates The painful journey out of Germany

Kai Uwe Ricke isn’t the only chief executive of a big German company who has something to complain about. The former head of Deutsche Telekom is just one of a number of bosses to have been given or threatened with the chop in recent months. Bernd Pischetsrieder was fired at Volkwagen last week. The heads of Siemens, Deutsche Bank, Daimler Chrysler, and Deutsche Boerse are all under pretty severe pressure. That’s six of the twenty largest quoted companies. Add Airbus, which is only part-German bu...