Gerhard Schick

Gerhard Schick is co-founder and co-head of the citizens' movement Finanzwende and its non-profit subsidiary Finanzwende Recherche. From 2005 to 2018, he was the financial policy spokesman for the Bündnis 90/Die Grünen parliamentary group in the Bundestag and a member of the parliament's Committee on Finances and Financial Markets. There, he made a name for himself through his work to shed light on financial crime and the bank bailouts of the 2008 financial crisis. In 2018, he resigned from the Bundestag to found and head the non-governmental organization Finanzwende. Finanzwende Recherche aims to provide information and critical debate in the world of finance. To this end, the think tank produces concepts, analyses and studies on various topics and prepares these for the public and politicians.

Germany’s CumEx and CumCum Financial Scandals Reveal How Democratic Institutions Fail

Gerhard Schick discusses the CumEx and CumCum share-trading scandals that cost German taxpayers billions of euros over the course of several decades and the failures in political and social institutions that allowed these scandals to persist for so long.

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