Deutsche Bank toxic derivative losses

Zero_Gravitas

AG47 wrote: »

Is there a difference between USA and UK numerical amounts to Trillions and Quadrillions?

I’m still confused could somebody clear this up.

How much is half a quadrillion?

If DB derivatives book is indeed 50 Trillion, then how much is this measured in quad?

US and modern U.K. numeric amounts are the same, using the so-called short scale:

https://en.m.wikipedia.org/wiki/Names_of_large_numbers

Half a quadrillion is 500 trillion. So 50 trillion is 0.05 quadrillion, or 5% of a quadrillion. However, to paraphrase Obi Wan Kenobi, these are still not the figures you are looking for...

westernpromise

Depends. A quadrillion is either 1,000,000,000,000,000 or 1,000,000,000,000,000,000,000,000.
https://www.dictionary.com/browse/quadrillion
50 trillion isn't half of either, but then the 50 trillion is itself nonsense.

westernpromise

AG47 wrote: »

Is there a difference between USA and UK numerical amounts to Trillions and Quadrillions?

I’m still confused could somebody clear this up.

How much is half a quadrillion?

If DB derivatives book is indeed 50 Trillion, then how much is this measured in quad?

Well, you tell us. You posted about half a "quardillion" without troubling to find out how much it is? You never disappoint. Come on, what about our CFD? Are we on? Easy free money for you with your astounding predictive powers! Think of all the silver you can buy!

I predict Liverpool will win the UEFA Super Cup in 2005.

EDIT: Deutsche is now down to 6.33! Come on AG, you're 0.07 in the money (or 12.80, depending how you look at it).

AG47

westernpromise wrote: »

Well, you tell us. You posted about half a "quardillion" without troubling to find out how much it is? You never disappoint. Come on, what about our CFD? Are we on? Easy free money for you with your astounding predictive powers! Think of all the silver you can buy!

I predict Liverpool will win the UEFA Super Cup in 2005.

EDIT: Deutsche is now down to 6.33! Come on AG, you're 0.07 in the money (or 12.80, depending how you look at it).

westernpromise wrote: »

Depends. A quadrillion is either 1,000,000,000,000,000 or 1,000,000,000,000,000,000,000,000.
https://www.dictionary.com/browse/quadrillion
50 trillion isn't half of either, but then the 50 trillion is itself nonsense.

I was quoting somebody else, Max Keizer said DB derivatives book is half a quadrillion, who is to say it’s not if it’s not clear how big a quadrillion is?

So is there really two or more definitions for a quadrillion?

How can mathematical accuracy take place if there are multiple possibilities for a quadrillion?

Are you going back again and disagreeing with the 50 trillion derivatives number again?

westernpromise

AG47 wrote: »

I was quoting somebody else, Max Keizer said DB derivatives book is half a quadrillion, who is to say it’s not if it’s not clear how big a quadrillion is?

So is there really two or more definitions for a quadrillion?

How can mathematical accuracy take place if there are multiple possibilities for a quadrillion?

Are you going back again and disagreeing with the 50 trillion derivatives number again?

I've reminded you that your number is ignorant rubbish and pointed you to the audited accounts that debunk it. So come on, let's get it on with our CFD. What will DB's share price be by the end of the year and where's your money to back it?

Kentish_Dave

To point out an important fact again, the OP is telling fibs, DB has never been over 100, his claims of 130 are outright lies.

As has been pointed out above, it was around €13 when this thread was started.

OP, do you honestly not understand numbers? Why are you lying about where the share price was previously?

Kentish_Dave

Oh, and you haven’t cleared your debts, that's a lie too.

You are very poor, are on benefits, struggle to get by and were complaining of them only a week ago.

You are not buying silver either, or you would not be asking about benefits to help your child, you’d be spending your last pennies if it helped him out.

AG47

Kentish_Dave wrote: »

To point out an important fact again, the OP is telling fibs, DB has never been over 100, his claims of 130 are outright lies.

As has been pointed out above, it was around €13 when this thread was started.

OP, do you honestly not understand numbers? Why are you lying about where the share price was previously?

DB share price was indeed over 150 in 2006/07 Then it started a monumental crash People were saying it would never go under 100,

I was saying it would go under 10.

Could you be any more wrong Kentish Dave?

westernpromise

AG47 wrote: »

DB share price was indeed over 150 in 2006/07

Total rubbish yet again. Here's the share price history of Deutsche Bank.
https://www.google.com/search?q=deutsche+bank+share+price+history&ie=&oe=

The highest price ever was in May 2007 and was 112.22. In the last 23 years, it's only been over 100 for a total of about 3 months, all of which were in the first half of 2007.

Then it started a monumental crash People were saying it would never go under 100,

Who was saying it would never go under 100? Who would say that when for 99% of the last 23 years, it actually was under 100? Links please, or it's the voices in your head.

I was saying it would go under 10.

And was that before or after it went under 10?

Come on, pony up. If your predictive powers are that great, predict the share price at the end of this year. If DB is doomed, you can win free money (that you clearly need) off me.

AG47

Kentish_Dave wrote: »

To point out an important fact again, the OP is telling fibs, DB has never been over 100, his claims of 130 are outright lies.

As has been pointed out above, it was around €13 when this thread was started.

OP, do you honestly not understand numbers? Why are you lying about where the share price was previously?

It was over 130, this chart shows it was over 150 almost 160.

Could you be any more wrong?

https://www.macrotrends.net/stocks/charts/DB/deutsche-bank-aktiengesellschaft/stock-price-history