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Deutsche bank - why virtually no msm mention?

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_Will_
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PostPosted: 17:27 - 11 Oct 2016    Post subject: Deutsche bank - why virtually no msm mention? Reply with quote

I know it's technically business, but the state it's in at the moment is surely newsworthy of normal airtime, being that it could cause utter chaos in the financial world.

https://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/06/27/DB%20IMF%201.jpg

That exposure amounts to $72T, or 20 times Germany's GDP (3 times entire Eurozone GDP)

The banking cartels are up to something, everything surrounding them at the moment suggests they should be failing but things seem to just be trundling along and zee germans are taking an age to negotiate their fine (which should be jail sentences for all involved). Getting deja vu here, could it be '08 all over again? Insiders manipulating the market again so they can line their own pockets a bit more.

https://beforeitsnews.com/mediadrop/uploads/2016/21/4be2ab78f19d90f28c0c96b9b425c1700e5f2961.jpg

Not only are they in line of fire for the last financial crash now former employees have been charged with fraudulent activity connected to Monte Paschi.

Bailout! You cry, well we will see this time, Merkel will have to pull one helluva u turn which will be political suicide.

Laughably everyone is concerned with the drop of the £ and Brexit takes the blame, what's the bet that when the Euro implodes that the blame will go to, you guessed it, Brexit Laughing

Depressingly, Clown's seem to be more BBC friendly.

(awaits Itchy)
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Last edited by _Will_ on 18:07 - 11 Oct 2016; edited 1 time in total
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Pete.
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PostPosted: 17:34 - 11 Oct 2016    Post subject: Reply with quote

What does all that mean in normal English?
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_Will_
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PostPosted: 17:46 - 11 Oct 2016    Post subject: Reply with quote

Pete. wrote:
What does all that mean in normal English?


Banks have bled the system dry - we fooked.
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Ste
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PostPosted: 18:19 - 11 Oct 2016    Post subject: Reply with quote

Sleeping

You've obviously been reading /watching the wrong main stream media if you've managed to miss everything about Deutsche Bank.

Perhaps you've spent too much time on clown related news?
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Rogerborg
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PostPosted: 18:39 - 11 Oct 2016    Post subject: Reply with quote

Because it's a non-story until it's the only story.

It's OK, they've got their derivatives down to something like €46 trillion now, of which only a mere €40 billion is actually exposed.

I mean, if nobody else in the chain crashes and burns first.

One might wonder if the UK media are happy talking down UK banks and businesses, but baulk at dissing a Eurobank. Thinking
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Itchy
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PostPosted: 20:47 - 11 Oct 2016    Post subject: Reply with quote

I reckon the German government will do a Gordon Brown.

DB a few days ago said gold was 20-35% over valued.

So Merkel sensing that she's going to be out of power next year anyway and wants a cushy job goes along with the rhetoric that gold is a barbaric relic and sells DB 3200 tons of gold for 30cents on the Euro. Then DB sells it on the open market making a sudden and unexpected completely by surprise 37.8bn profit and is safe again.

Yet no EU rules were broken of course. By complete coincidence of course Merkel gets an executive director position on 10 million Euro a year after she types up her CV in finest boiler plate and goes for a job interview.
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Rogerborg
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PostPosted: 11:17 - 12 Oct 2016    Post subject: Reply with quote

mpd72 wrote:
Itchy wrote:
I reckon the German government will do a Gordon Brown.

Sell all the Nazi gold, shortly after pre-warning the market, to ensure rock bottom prices? Smile

It turns out that Gorgon may have actually done that deliberately as a stealth-bailout for (((Goldman Sachs))). Oh, hey, derivative exposure again. Privatise the profits, socialise the risks.

I mean, that's if you credit him with that much wit - it appears that he did it on principle and didn't even set himself up for a cushy job there. Doh!
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_Will_
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PostPosted: 19:39 - 25 Oct 2016    Post subject: Reply with quote

Seems their problems just keep coming, expected to announce a loss on Thursday and bot traders are being speculated to cause a stock drop.

Traders blaming skynet, nothing to do with the house of cards they have built of course.

https://www.express.co.uk/news/world/725012/Deutsche-Bank-crisis-fears-robot-traders-will-trigger-global-crash
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M.C
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PostPosted: 20:16 - 25 Oct 2016    Post subject: Reply with quote

_Will_ wrote:

Traders blaming skynet, nothing to do with the house of cards they have built of course.

I'm sure a certain referendum will also be blamed Smile Would 'we' still be liable to pay contribute to any bailout?
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_Will_
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PostPosted: 20:21 - 25 Oct 2016    Post subject: Reply with quote

M.C wrote:
_Will_ wrote:

Traders blaming skynet, nothing to do with the house of cards they have built of course.

I'm sure a certain referendum will also be blamed Smile Would 'we' still be liable to pay contribute to any bailout?


Yes, has already been said 'db will cost us'.
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Kawasaki Jimbo
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PostPosted: 20:35 - 25 Oct 2016    Post subject: Reply with quote

_Will_ wrote:
Bailout! You cry, well we will see this time.


Laws have been passed meaning bail-ins come before bail-outs. The bank's "creditors" with >€100,000 have to pay out first in order to protect the Government's (oops, I mean tax payer's) money. Cyprus 2013 was an experiment in this bail-in idea. So save your money in a bank, the bank over-stretches itself, you lose. The bank survives, businesses die. I could be wrong but that's how it seems to me.
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Itchy
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PostPosted: 21:13 - 25 Oct 2016    Post subject: Reply with quote

Kawasaki Jimbo wrote:


Laws have been passed meaning bail-ins come before bail-outs. T.


Under the act 8% of the liabilities have to be absorbed by creditors (that's bank depositors btw) first. The other 92% can be bailed out by the German government under those rules though.
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_Will_
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PostPosted: 21:16 - 25 Oct 2016    Post subject: Reply with quote

Kawasaki Jimbo wrote:
_Will_ wrote:
Bailout! You cry, well we will see this time.


Laws have been passed meaning bail-ins come before bail-outs. The bank's "creditors" with >€100,000 have to pay out first in order to protect the Government's (oops, I mean tax payer's) money. Cyprus 2013 was an experiment in this bail-in idea. So save your money in a bank, the bank over-stretches itself, you lose. The bank survives, businesses die. I could be wrong but that's how it seems to me.


Bail in = collapse, which is why Merkel is supposedly very reluctant in thinking of a bail out, it's lose-/-lose for them really, if it goes to the wall people will whinge for not stepping in, but if they step in they will be heavily criticised for hypocrisy on a massive scale.
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_Will_
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PostPosted: 21:18 - 25 Oct 2016    Post subject: Reply with quote

mpd72 wrote:
_Will_ wrote:
Seems their problems just keep coming, expected to announce a loss on Thursday and bot traders are being speculated to cause a stock drop.

Traders blaming skynet, nothing to do with the house of cards they have built of course.

https://www.express.co.uk/news/world/725012/Deutsche-Bank-crisis-fears-robot-traders-will-trigger-global-crash


You do realise the Terminator films are fiction?

If the world ended 2 weeks ago, when is the ultimate end, including locusts? Smile


You've heard of internet humour, no?
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Kawasaki Jimbo
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PostPosted: 21:18 - 25 Oct 2016    Post subject: Reply with quote

Itchy wrote:
Kawasaki Jimbo wrote:


Laws have been passed meaning bail-ins come before bail-outs. T.


Under the act 8% of the liabilities have to be absorbed by creditors (that's bank depositors btw) first. The other 92% can be bailed out by the German government under those rules though.


Not as bad as I thought (for now). Strange figure, 8%. Savers, yes.
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Rogerborg
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PostPosted: 21:27 - 25 Oct 2016    Post subject: Reply with quote

Eh, Express. 8 months of winter to follow.

Analysists (and when are they ever wrong?) are predicting a €600m to €2bn loss for the third quarter alone, mind.

Itchy wrote:
The other 92% can be bailed out by the German government under those rules though.

But Der Fuhrerin said they wouldn't. She said... Confused
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Itchy
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PostPosted: 21:46 - 25 Oct 2016    Post subject: Reply with quote

mpd72 wrote:


Just had a look outside, no plagues of locusts yet?!


https://scholastic.nd.edu/assets/184775/400x/syrian_refugees_fi.jpg

Thinking Laughing
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Rogerborg
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PostPosted: 21:34 - 26 Oct 2016    Post subject: Reply with quote

Earnings (i.e. losses) announcement tomorrow.

Oh dear, they may have "misstated" their derivatives.

https://www.bloomberg.com/news/articles/2016-10-26/deutsche-bank-said-to-review-its-valuations-of-inflation-swaps
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M.C
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PostPosted: 22:01 - 26 Oct 2016    Post subject: Reply with quote

Rogerborg wrote:
Earnings (i.e. losses) announcement tomorrow.

https://cdn.campaignbrief.com/wa/assets_c/2014/06/Retravision_EndIsNigh_1993_BLOG-thumb-300x252-153559.jpg
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_Will_
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PostPosted: 10:03 - 27 Oct 2016    Post subject: Reply with quote

Turned a profit somehow, BBC are right in there now Laughing

https://www.google.co.uk/amp/www.bbc.co.uk/news/amp/37785091?client=safari
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Fizzoid
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PostPosted: 10:16 - 27 Oct 2016    Post subject: Reply with quote

Yeah, they did great job of cooking their books
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