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Deutsche Bank toxic derivative losses

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    AG47 wrote: »
    The question is will the world send for more bailouts again? I think no, the people will rise up and we will not stand for it.

    This isn't 2008. Times have moved on.
  • theEnd
    theEnd Posts: 851 Forumite
    I don't think they'll need bailouts. They have a liquidity facility from the ECB already, which they might want if everyone plus out quickly. Then there's the bail-in bonds.

    At present, there's no real losses, just a massive fine (which will probably be revised down) and a very poor risk profile on their derivs exposure. It looks to be very badly managed.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Thrugelmir wrote: »
    This isn't 2008. Times have moved on.


    Yes, people have had it with bankers and "elite" politicians, the recent political movement shows that surely?
  • AG47
    AG47 Posts: 1,618 Forumite
    Thrugelmir wrote: »
    This isn't 2008. Times have moved on.

    Yes the debts are larger and the same problems much worse, times have moved on
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    The cat is out of the bag with Deutsche Bank. 100%. Anybody and everybody that is "in the know" is trying to get their capital OUT of DB. There are rumors that DB has shut that window for the big money as there is not enough capital left
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    the system is going to crash - a bailout will not happen on an official level. They may try to orchestrate an internal bailout using Private Money (think Rothschilds) but that kind of news would open the flood gates to the Public and NO BANK can withstand a Bank Run...

    Remember this???

    https://youtu.be/iPkJH6BT7dM
    Nothing has been fixed since 2008, it was just pushed into the future
  • theEnd
    theEnd Posts: 851 Forumite
    AG47 wrote: »
    The cat is out of the bag with Deutsche Bank. 100%. Anybody and everybody that is "in the know" is trying to get their capital OUT of DB. There are rumors that DB has shut that window for the big money as there is not enough capital left

    Anyone holding DB bonds will be looking for a clean exit now.

    They still have unlimited liquidity available. There's no real losses yet (other than the fines). The market needs to shift considerably to expose their poor derivs exposures.
  • AG47
    AG47 Posts: 1,618 Forumite
    There are losses, and they are huge. Everybody wants out, they started a lie that the $14billion criminal fine will be reduced to give a quick bounce in shares so they can sell sell sell.

    Deutsche Bank is bouncing (up 14% so far) on rumors that the US DOJ is nearing a settlement around $5.2B.

    The "rumor" started on Twitter and is now being cited by the MSN as "inside sources"!

    Crazy stuff...especially since two weeks ago the JP Morgan - US manipulation mouthpiece - said DB fines over $3.5B would still leave DB in ruins.

    Of course we KNOW that it was the Hedge Funds that had DB stock in their portfolio that started and spread the rumor so they can GET OUT at a higher price.

    Just another head fake my friends.

    It's gonna be a long weekend.
    Nothing has been fixed since 2008, it was just pushed into the future
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    AG47 wrote: »
    Yes the debts are larger and the same problems much worse, times have moved on

    Are you talking about DB or yourself now?
    AG47 wrote: »
    Can I apply for a loan after 1 year anniversary of dro?
    Don't blame me, I voted Remain.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 30 September 2016 at 9:00PM
    AG47 wrote: »
    Yes the debts are larger and the same problems much worse, times have moved on

    DB's balance sheet is far smaller than RBS when it crashed.

    Hefty fine for RBS on the way from the US as well. It's own difficulties are far from over. Been nearly 10 years . Could be another 10 until the dust settles.
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