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Paryalyzed – probably for the best. Also on Wednesday, investors and employees of the Baden-Baden finance company Grenke had to wait in vain for the announced “detailed response”. The company’s brief angry reaction the day before to the scandalous accusations of British fund manager Fraser Perring is not successful in the stock market.
Bernd Freytag
Rhein-Neckar-Saar business correspondent based in Mainz.
Daniel mohr
Economics editor at the Frankfurter Allgemeine Sonntagszeitung.
Although Grenke has rejected his accusations “in the strongest possible way,” the share price fell a further quarter. Since Perring made the accusations on Tuesday, the stock price has fallen 44 percent.