Table: Taking Orders from the Pols
Germany's Landesbanken lend money based as much on clout as on credit ratings
Bankgesellschaft-Berlin lends recklessly to local developers at the behest of Berlin's government and gets saddled with billions in bad debts.
Bavarian Prime Minister Edmund Stoiber sponsors a $1 billion Bayerische Landesbank loan to Kirch Group.
Political pressure persuades WestLB and related savings bank Stadsparkasse Dusseldorf to help rescue tour-airline operator LTU International.
Bernd Rohwer, economics minister of Schleswig-Holstein, urges Landesbank Schleswig-Holstein to back MobilCom's July debt refinancing. The bank is expected to agree.