Deutsche Bank toxic derivative losses

chucknorris

AG47 wrote: »

You can say what you like, but the simple fact is

Scenes WERE shockingly similar to the film the big short.

What made the scenes 'shockingly' the same, didn't you actually expect the scenes to look the same same?

cogito

Is the fat lady clearing her throat?

https://www.zerohedge.com/news/2019-07-16/bank-run-deutsche-bank-clients-are-pulling-1-billion-day

RealElement47

There is a run on DB, about a billion every day being drawn out

Some say it has already collapsed but this has to be kept secret to avoid global systemic collapse

chucknorris

RealElement47 wrote: »

There is a run on DB, about a billion every day being drawn out

Some say it has already collapsed but this has to be kept secret to avoid global systemic collapse

Your posts are 'shockingly' similar to AG47's posts.

westernpromise

Kentish_Dave wrote: »

I never claimed that it was more than 13, I claimed that it was never more than 100, and will dig out the Bloomberg graph this week and post it.

You struggle with numbers, don’t you?

AG47 "predicted" that Deutsche Bank's share price would fall below 100. At the time he started the relevant thread, in 2016, DB was at 13.37. He has since claimed that DB was at 130 at that time.

It fell below 100 in 2007, nine years before he "predicted" this would happen.

I offered him a CFD

So let's you and I do a little derivative trade. DB is today trading at 6.40. I'll buy DB from you at 6.40 and I'll sell them to you at whatever they are at COB on 12/31/19....Now to make it really interesting for you, let's say for each euro change in the price, the settlement owed is the value of one ounce of silver at the price of 31/12.

- which, despite his penetrating financial insight, he has unaccountably not accepted.

This is a shame, as based on the above and on today's DB and silver prices, I'd already be up 0.66 x 12.54 = £8.28 on our bet. Whether he'd ever pony up his losses is another matter...

Kentish_Dave

We were running through one of our stress tests at work this week, analysing the effect of unlikely but plausible scenarios. As I am sure our little conspiracist knows there is a capital add-on that depends on the stress tests, and this one included, as one of the scenarios, a default by Deutsche Bank.

The expected effect on us wasn’t nothing, but it’d cost us about three days’ expected profits, so not cataclysmic.

RealElement47

It’s certainly looking like those who called out DB years ago were right, and the cheerleaders were way wrong, couldn’t have been more wrong.

chucknorris

RealElement47 wrote: »

It’s certainly looking like those who called out DB years ago were right, and the cheerleaders were way wrong, couldn’t have been more wrong.

The cheerleaders only exist in AG47's head, in fact, just like you (being his sock puppet, or have you taken over now?)

MobileSaver

RealElement47 wrote: »

It’s certainly looking like those who called out DB years ago were right, .

Er, no, those who called out DB years ago were completely and utterly wrong and said that DB would go bust in 2017.

The very fact that two years later on you are still predicting their imminent demise actually proves they were entirely wrong! :rotfl:

phillw

RealElement47 wrote: »

It’s certainly looking like those who called out DB years ago were right, and the cheerleaders were way wrong, couldn’t have been more wrong.

Did DB go bust in 2017?

Who are the cheerleaders?