Germany only guaranteed individuals and not business entity deposits, unlike Ireland and Greece.
Other banks in the U.K. and Europe also have seen noticeable outflows since Ireland's ground-breaking deposit guarantee was announced Tuesday, say people familiar with the matte
Even though the UK raised insurance last week, they are now under pressure to guarantee all deposits.
Note the United States only has the amounts to $250k FDIC from $100k after the bail out. Will the U.S. have to go for bail out ver. 1.5 very soon in order to not have their deposits flee?