'Sinister' German spy plan aimed at Hedge Funds, analysts say

Press quote (Bloomberg Business Week)
Philip Whyte
17 March 2010

"I find it sinister and silly, it is a complete overreaction," said Philip Whyte of the Centre for European Reform, a pro-European Union research institute in London. "There is a certain school of thought in continental Europe that everything is always the fault of hedge funds." Schaeuble's comments reflected "a longstanding paranoia about the Anglo-Saxon model of capitalism."