Deutsche Bank toxic derivative losses

danthemoneysavingman

This chap should seek counselling i think.
And if he's not short on DB I'd be very surprised.
But this is pathological.
Laters.
GO DB! lol

Kentish_Dave

danthemoneysavingman wrote: »

This chap should seek counselling i think.
And if he's not short on DB I'd be very surprised.
But this is pathological.
Laters.
GO DB! lol

He’s on the edge of bankruptcy, has defaulted on his debts and is, overall, in a proper financial mess.

If he has the ability to short any stocks at all I’d be very surprised.

AG47

Interestingly 50 trillion is the estimate of how many cells in the human body

Also the amount in Euros of toxic derivative held by the too big to fail German bank DB

Of course the DB defenders and cheerleaders won't like it and will try once again to change the tune.........

westernpromise

AG47 wrote: »

Interestingly 50 trillion is the estimate of how many cells in the human body

Also the amount in Euros of toxic derivative held by the too big to fail German bank DB

Of course the DB defenders and cheerleaders won't like it and will try once again to change the tune.........

Give us say three examples of "DB cheerleaders" who "are trying to change their tune...trying desperately to defend DB or change the narrative".

AG47

westernpromise wrote: »

Give us say three examples of "DB cheerleaders" who "are trying to change their tune...trying desperately to defend DB or change the narrative".

You are number one, instead of talking about what a large number fifty trillion is you want to talk about cheerleaders again. This is by definition changing the tune, or trying to anyway.

westernpromise

AG47 wrote: »

You are number one, instead of talking about what a large number fifty trillion is you want to talk about cheerleaders again. This is by definition changing the tune, or trying to anyway.

Rubbish. I have absolutely no view on or interest in Deutsche at all.

Kentish_Dave

Why does someone so ignorant of finance that they can’t even stay on top of their own small budget think that they can understand a balance sheet?

OP, if you spent less time ranting, and more time trying to deal with your life problems do you not think that you’d have a better chance to avoid the shame and misery of insolvency?

Do your family genuinely want you ranting on here instead of trying to be a productive member of society?

chucknorris

AG47 wrote: »

You are number one, instead of talking about what a large number fifty trillion is you want to talk about cheerleaders again. This is by definition changing the tune, or trying to anyway.

Maybe he just isn't interested in DB's problems, but is more curious why you are?

There isn't much doubt that they are in an uncomfortable financial position, but I am also curious why you are so obsessed with DB.

It wouldn't surprise me if you had me down as one of the DB cheer leaders, but I don't particularly care about them. They will be in one of my global trackers, but not a significant holding. I believe they are also 0.8% of the tenants in a REIT that I hold, so again not significant. In fact the latter, I only found out last week by accidentally stumbling upon that information.

mayonnaise

AG and The-Joker...they're up to their eyeballs in debt and are pining for the collapse of the global financial system for their slate to be wiped clean. They're not that interested in DB as such, but DB's woes offers a glimmer of hope.

Bless.

chucknorris

mayonnaise wrote: »

AG and The-Joker...they're up to their eyeballs in debt and are pining for the collapse of the global financial system for their slate to be wiped clean. They're not that interested in DB as such, but DB's woes offers a glimmer of hope.

Bless.

It is amazing given their financial predicaments, that they come on here and represent their financial views with such authority.