October 18, 2007--Germany is not willing to jump into the fire in regard to the super-conduit insanity. As a report in today's Frankfurter Allgemeine reveals, Deputy US Treasury Secretary Robert Kimmit was in Germany, last week, trying to pull German banks into this Paulson-Goldman Sachs Master Liquidity Enhancement Conduit. However, German banking insiders are aware of the mess within the big US banks, and smelled that the main idea behind Kimmit's mission was to recruit German banks to join the bailout, based on their allegedly better situation, thus strengthening the super-conduit. Dresdner Bank is named, with its US-based K2 conduit, whose relatively better rating would very much help the scheme - but Dresdner said "no thanks.". The fact that the allegedly, better-rated German banks have their own, considerable problems, is left unmentioned in the FAZ report.