Bailout? What bailout?

When will the madness end???



Tightrope for Commerzbank
German Lender Needs the Government's Assistance; Just Don't Call It a Bailout


FRANKFURT—Commerzbank AG is in negotiations with the German government about state help in ridding itself of its struggling real-estate business, while avoiding the appearance of a taxpayer bailout.

The lender, Germany's second largest, is seeking to transfer part or all of its troubled real-estate finance unit Eurohypo into a government-owned bad bank—with the stipulation that the measure not be defined as a bailout, according to people familiar with the matter.

Full article here:
http://online.wsj.com/article/SB10001424052970204844504577098704190606474.html