Deutsche Bank toxic derivative losses

Thrugelmir

fun4everyone wrote: »

If you had been blind enough to believe they were an OK bank back then you would have lost a fortune had you bought their shares at any point since. The truth was known.

European banks generally haven't gone through the restructuring process that US and UK ones have. Surprising really given how many years have passed.

AG47

fun4everyone wrote: »

What is fascinating is the way the truth is ignored when it doesn't suit, or when it is a threat, even when its staring you in the face.

DB is going bust.

Db going bust??????

Noooooo

This is just a conspiracy theory like the aliens and lizards, sorry reptile shape lifters running the earth.

DB is a too big to fail bank because of all the toxic derivatives spreading to all four Corners the earth, so they can’t be going bust it’s just a conspiracy theory :rotfl:

If they go bust then the temporary new international monetary system that 5he world has been on since 1971 will come to an end

fun4everyone

I'm not sure what the consequences are going to be. It's a lot more well known about this time around. A bailout would be toxic politically. Centralised banking is open to manipulation, fraud and corruption.

AG47

fun4everyone wrote: »

I'm not sure what the consequences are going to be. It's a lot more well known about this time around. A bailout would be toxic politically.

The people will not stand for another bailout of the banksters

Look at the yellow vest protests to see the power of the people against the banksters

A bailout will not happen, a bail in is likely but it’s still not enough to cover the fifty trillion toxic derivatives

And the possibility of banks runs all round the world if a bail in is forced on the people

Anybody with any sense will be taking all their funds out of the banks now before their deposits are used to cover all the toxic derivatives gone bad

AG47

FT

https://www.ft.com/content/f6b2ec76-8203-11e9-b592-5fe435b57a3b




Deutsche Bank is trapped in purgatory. Every consecutive quarterly drop in revenue, new money laundering investigation, subsequent fall in share price, promise of*“tough cutbacks”, all seemingly blend into one narrative of an unyielding loss of control that has dragged on for years.

fun4everyone

FT reporting has been good on DB, they have been open to the truth. When DB claim allowing shed loads of dodgy money to be laundered was a "computer error" it's pretty obvious how they have been surviving. It's also telling the share price has been dropping for years leading up to now.

I don't think there will be a bailout either. I am perfectly happy to still be massively invested in the stock market. Capitalism will stay strong and companies will continue to make money. There will be a massive overhaul of the financial world over the next 20 years though, and the end of centralised banking. Bitcoin will become the worlds reserve, the new gold.

Kentish_Dave

fun4everyone wrote: »

They were in severe dire straits then and have only staggered along in a death spiral avoiding the final nail by laundering dodgy money and getting fines lifted. Check out the FT articles, I linked one in a previous post, they do understand whats up.

If you had been blind enough to believe they were an OK bank back then you would have lost a fortune had you bought their shares at any point since. The truth was known.

I’ve friends who’ve been working on restructuring the balance sheet, editing the products and clients that won’t make sense under current and coming capital regulations.

Obviously they don’t give chapter and verse on every detail but it does seem that they have done a good cleanup job and that their capital ratios look far better now than when our conspiracy nutters started this talk a few years ago.

AG47

Deutsche Bank AG
Days low.....
6.02 EUR
GFC 2.0;in September???
We won't make it to September....

AG47

DB total risk is increasing, there is no way out.

The only question remaining is what will happen after a too big to fail bank fails?

Yes they may well do a bail in but it's still not enough.

https://m.youtube.com/watch?v=TzOyVp_nLEE

SpiderLegs

Now 1072 days and counting.