Deutsche Bank toxic derivative losses

AG47

phillw wrote: »

Did DB go bust in 2017?

Who are the cheerleaders?

Who said they were going to go bust?

Some were saying DB had around $50 Trillion derivatives book and that they were in very bad shape, they predicted vey dire things for the ailing too big to fail bank. They were right.

Many disagreed with them, they were wrong.

Some were sitting on the fence, but now there is no more sticking up for DB, the truth is out there.

MobileSaver

AG47 wrote: »

Who said they were going to go bust?

Er, you did! :rotfl:

AG47 wrote: »

16-10-2016
I guarantee DB will not last another 12 months no matter 24-30. No matter how many jobs they cut.

As usual, you were completely and utterly wrong.

phillw

AG47 wrote: »

Who said they were going to go bust?

Someone using the same account login as you.

3rd July 2016

AG47 wrote: »

DB is now more than 12x Lehman shock, They will be lucky to survive the summer.

6th July 2016

AG47 wrote: »

Deutsche Bank's stock price is now falling through all support and the company will very soon shut their doors.

18th September 2016

AG47 wrote: »

DB can never survive the derivative losses even with this €140 billion fine for criminal activities. This latest news has sealed its fate.

1st October 2016

AG47 wrote: »

And guess what? DB is failing:T

11th October 2016

AG47 wrote: »

If DB goes pop (looking very likely) then the entire banking system collapses. No more electronic transactions anywhere period.

1th October 2016

AG47 wrote: »

The ratings agencies still haven't downgraded DB!,,,,

They have now lost any credibility they have left, and they will now be accountable when the big collapse of DB can't be postponed any more.

16th October 2016

AG47 wrote: »

Is that another 10,000 on top of the thousands already cut?

I guarantee DB will not last another 12 months no matter 24-30. No matter how many jobs they cut.

23rd December 2018

AG47 wrote: »

DB going down no doubt about that. Is it going to be the next Lehman moment?

So Chicken Licken, Henny Penny, Cocky Locky , Ducky Lucky, Drakey Lakey, Goosey Loosey and TurkeyLurky scurried off to find the king.

“What’s the hurry?” snapped Foxy Loxy.

“The sky is falling and I’m off to tell the king” cried Chicken Licken

“Follow me, my feathery friends, I can help you find the king” smiled Foxy Loxy

antrobus wrote: »

As far as I can recall, no derivatives were involved in the 2008 great banking crash.

Google disagrees with you.

https://www.google.com/search?q=2008+derivatives

antrobus wrote: »

P.S. You may well not understand that a collateralized debt obligation is not a derivative.

After fixing google, can you fix wikipedia?

https://en.wikipedia.org/wiki/Credit_derivative

Credit default products are the most commonly traded credit derivative product[5] and include unfunded products such as credit default swaps and funded products such as collateralized debt obligations (see further discussion below).

michaels

So at what point does a loan become a derivative?

As soon as the original lender passes it on to a new lender?

If the original lender sells on only a part of the loan?

I have to say to me it is still a loan, to become a derivative surely there would need to be a 'bet' based on the value of the loan, separate to the loan itself, for there to be a derivative?

Or am I being to literal?

AG47

MobileSaver wrote: »

Er, you did! :rotfl:



As usual, you were completely and utterly wrong.

Can you show the actual post where I said DB would go bust?

No you can’t because I never said it.

What I did predict years ago is exactly what has happened.

Are you blind to what has happened to to DB? Are you going to stick up for them and try to make the situation is not that bad? I think you will find your on your own with that argument :rotfl:

AG47

phillw wrote: »

Someone using the same account login as you.

3rd July 2016


6th July 2016


18th September 2016


1st October 2016


11th October 2016


1th October 2016


16th October 2016


23rd December 2018


So Chicken Licken, Henny Penny, Cocky Locky , Ducky Lucky, Drakey Lakey, Goosey Loosey and TurkeyLurky scurried off to find the king.

“What’s the hurry?” snapped Foxy Loxy.

“The sky is falling and I’m off to tell the king” cried Chicken Licken

“Follow me, my feathery friends, I can help you find the king” smiled Foxy Loxy



Google disagrees with you.

https://www.google.com/search?q=2008+derivatives



After fixing google, can you fix wikipedia?

https://en.wikipedia.org/wiki/Credit_derivative

Credit default products are the most commonly traded credit derivative product[5] and include unfunded products such as credit default swaps and funded products such as collateralized debt obligations (see further discussion below).

Thanks for proving me right:T

AG47

I predicted exactly what has happened. Others said I was wrong and that DB would never go through what it has just gone through. They were wrong and I was right.

And above all else the FIFTY TRILLION derivatives problem is still there and has been made worse.

My next prediction is that they can postpone the fallout until Oct 31st but after no del brexit the crisis will explode

MobileSaver

AG47 wrote: »

Can you show the actual post where I said DB would go bust? No you can’t because I never said it.

Yes, I already quoted it, you said in 2016 that DB will not last another 12 months:

AG47 wrote: »

I guarantee DB will not last another 12 months no matter 24-30. No matter how many jobs they cut.

Are you now claiming that you did not write that post?

AG47 wrote: »

What I did predict years ago is exactly what has happened.

The very fact that, three years after you predicted DB would not last one year, you are still predicting their imminent demise kind of proves that your prediction was completely wrong doesn't it?!?!? :rotfl:

MobileSaver

AG47 wrote: »

And above all else the FIFTY TRILLION derivatives problem is still there

In 2016 you claimed the "problem" was SEVENTY FIVE TRILLION:

AG47 wrote: »

[29-10-2016] Reports are that the entire toxic derivative losses are in the region of €75t.

AG47 wrote: »

and has been made worse.

How is it "worse" if they've reduced their exposure by 33%?

AG47

MobileSaver wrote: »

Yes, I already quoted it, you said in 2016 that DB will not last another 12 months:



Are you now claiming that you did not write that post?



The very fact that, three years after you predicted DB would not last one year, you are still predicting their imminent demise kind of proves that your prediction was completely wrong doesn't it?!?!? :rotfl:

I was 100% correct. I predicted that DB would not be able to last without this happening to them, and I was right.

I also said many many times that they are a too big to fail bank and that if they went bust completely then the entire global financial system would fail.

So I made it clear that they can not go bust as you claim that I said.

Instead I predicted exactly what is happening to them right now.

Do you still try to deny all the things happening to DB? Do you still think everything is rosey for this too big to fail bank?