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Thursday February 23, 2012

Bloomberg

Ackermann Says Greek Default Would Be ‘Playing With Fire’

January 28, 2012, 6:19 AM EST

By Christine Harper

Jan. 28 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann said allowing Greece to default would be “playing with fire.”

Ackermann also said in an interview that policy makers involved in Greek debt talks need to appoint a single negotiator. He was speaking in Davos, Switzerland today, where he is attending the World Economic Forum’s annual meeting.

To contact the reporter on this story: Christine Harper in Davos, Switzerland at charper@bloomberg.net

To contact the editor responsible for this story: John Fraher at jfraher@bloomberg.net

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