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Deutsche Bank toxic derivative losses

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Comments

  • westernpromise
    westernpromise Posts: 4,833 Forumite
    Hilariously, on this page alone you have managed to spell it "Leyman", "Layman", and "Lahman", i.e. three different misspellings, none of which is correct.

    If you can't master basic spelling why would anyone take your views seriously?
  • AG47
    AG47 Posts: 1,618 Forumite
    DB is also very hard to spell and even harder to pronounce.

    Some people pronounce the 'E' at the end and some don't

    Which is correct way to say DB?
    Nothing has been fixed since 2008, it was just pushed into the future
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    AG47 wrote: »
    DB is also very hard to spell and even harder to pronounce.

    Some people pronounce the 'E' at the end and some don't

    Which is correct way to say DB?

    Doycha bank....and it's Lehman Bros, pronounced Lee-man....
  • itwasntme001
    itwasntme001 Posts: 1,261 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Whenever i want a quick and cheap laugh to myself, i just google "db stock price" and take a look at its chart.
  • AG47
    AG47 Posts: 1,618 Forumite
    Whenever i want a quick and cheap laugh to myself, i just google "db stock price" and take a look at its chart.

    Yes me too.

    €5.80 yesterday ouch!!!!!!!!!
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    Another new low, another new announcement of restructuring

    https://www.bloomberg.com/news/articles/2019-06-03/deutsche-bank-hits-new-low-as-jpmorgan-urges-end-to-tinkering

    What on earth can they do?
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    DB under €6 is catastrophic

    What will happen?

    Some possible scenarios if DB is the next too big to fail bank that actually fails and we have another 2008 GFC.

    1. The World leaders try to get another bail out and they get it through, they buy a little more time but this expands the worlds fiat currency supply by many trillions and hyperinflation is a certainty.

    2. The world leaders enforce a bail in, but it’s still not enough so they have to also bailout the remaining trillions from the derivatives bomb going off. There are bank runs all around the world as depositors fear more bail ins as the fallout reverberates all around the financial world.

    3. DB fails and the derivatives time bomb finally goes off. They can’t get a bailout or a bail in through because the people will not stand it. GFC 2.0 happens and all the big banks start to fail, then all the smaller banks, then all the pension funds and so on.

    Brave new world.
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    €5 price for a bank the size of DB with $50 Trillion derivatives is one of the biggest stories in the financial world right now.

    FIFTY TRILLION, IS TOO LARGE TO SWEEP INDER THE RUG.

    FIFTY BILLION WOULD BE TO LARGE TO SWEEP UNDER THE RUG, BUT WE RE TALKING BOUT FIFTY TRILLION.
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    They should be junk already, this is 2008 all over again.

    Only down from BBB+ to BBB, SURELY THEY ARE JUNK STATUS IN EVERYBODYS EYE EXCEPT THE RATING AGENCIES!!!!!!

    https://finance.yahoo.com/news/deutsche-bank-rating-cut-fitch-180624864.html
    Nothing has been fixed since 2008, it was just pushed into the future
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AG47 wrote: »
    They should be junk already, this is 2008 all over again.
    AG47 wrote: »
    [16-10-2016]
    I guarantee DB will not last another 12 months no matter 24-30.

    So 12 months went by, then 24, now 30 months since you guaranteed DB would collapse... could you have been any more wrong?
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
This discussion has been closed.
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