Deutsche Bank - They think its all over.....
Discussion
Murcielago_Boy said:
jsf said:
Is that likely to be allowed to happen?
When Lehmans was allowed to go bust, this is exactly what happened............ which is why everyone else had to be bailed out - including AIG!
So why let it happen again when the cheap option is ignore your rules and previous politicing and just bail them out.
sidicks said:
You can quote reasonably have a high quality CDO tranche even if the underlying is 'junk' - this is often a fundamental misunderstanding about the nature of the asset.
As an aside, I recall AIG got caught out on selling super senior protection for spreads as low as ~2bps and getting hit by MTM even though nothing/little defaulted.Bottom line DB gets bailed out. There is no question about it, doesn't matter what the Germans say, doesn't matter if they have to break the rules it gets bailed out !
There is no way it goes under, poses a systemic risk which will make Lehman look tiny in comparison.
Look at the markets carefully yes there's a bit of a mild panic but there is no serious liquidity concerns with DB, if it turns to that you'll know about it because then the markets really will sell off.
Give it 2-3 weeks and you won't be talking about DB.
Shares have done quite the turnaround from the morning bit of a squeeze based on rumours that the Doj fine will be reduced to 5.4 billion.
There is no way it goes under, poses a systemic risk which will make Lehman look tiny in comparison.
Look at the markets carefully yes there's a bit of a mild panic but there is no serious liquidity concerns with DB, if it turns to that you'll know about it because then the markets really will sell off.
Give it 2-3 weeks and you won't be talking about DB.
Shares have done quite the turnaround from the morning bit of a squeeze based on rumours that the Doj fine will be reduced to 5.4 billion.
Burwood said:
Soov535 said:
Burwood said:
i hope DB does fail.
Be craful what you wish for. I wish you luck in the absolute sh*tstorm which would ensue. I hope you have a safety net.
t storm. Most likely taken over by Commerzbank.
You're deluded.
If DB goes bust, 2008 will seem like a kids party. I've liquidated most of my assets and put them away safely (metals).
Now we wait.
Zod said:
Oh, get over yourself.
ETA if you want to know why I and others were annoyed, it's because the OP made a post and run of scaremongering crap and, when called on it, after throwing around insults, claimed years of financial sector experience and that he was involved in an exercise looking at splitting up UK banks, but then ran away from questions.
Which is EXACTLY how you treated Brexiteers in the run up to the referendum.ETA if you want to know why I and others were annoyed, it's because the OP made a post and run of scaremongering crap and, when called on it, after throwing around insults, claimed years of financial sector experience and that he was involved in an exercise looking at splitting up UK banks, but then ran away from questions.
Edited by Zod on Tuesday 27th September 20:33
Well you certainly marked your card there.
-Pete- said:
desolate said:
-Pete- said:
Soov535 said:
I've liquidated most of my assets and put them away safely (metals).
For the clueless among us, what's the 'safe' way to do that, in your opinion? post ever.Edited to add: unless you are a Mr Spiggott, in which case I apologise.
Edited by anonymous-user on Friday 30th September 14:56
coyft said:
Interesting. Always assumed those places were a rip off but at first glance the Krugerrand is the same price + change as the intrinsic gold value. With free delivery. How does that work then? They really flipping them for 30 quid?coyft said:
-Pete- said:
Soov535 said:
I've liquidated most of my assets and put them away safely (metals).
For the clueless among us, what's the 'safe' way to do that, in your opinion?
https://www.bullionbypost.co.uk/gold-bars/good-del...
Or these, used as a door stop.
https://www.bullionbypost.co.uk/silver-bars/5kg-si...
Edited by Soov535 on Friday 30th September 15:07
desolate said:
-Pete- said:
desolate said:
-Pete- said:
Soov535 said:
I've liquidated most of my assets and put them away safely (metals).
For the clueless among us, what's the 'safe' way to do that, in your opinion?
Anyway, Soov, what do you consider a safe way to invest in metals? I assume it's not in your piggy bank.
-Pete- said:
desolate said:
-Pete- said:
desolate said:
-Pete- said:
Soov535 said:
I've liquidated most of my assets and put them away safely (metals).
For the clueless among us, what's the 'safe' way to do that, in your opinion?Anyway, Soov, what do you consider a safe way to invest in metals? I assume it's not in your piggy bank.
If it all goes tits I can load the car up and head off!!
Burwood said:
Murcielago_Boy said:
Burwood said:
My call is the DOJ will fine them into insolvency. And interestingly insiders think this is most likely as well 
Are they quite so harsh on their own US institutions?
Derek Chevalier said:
As an aside, I recall AIG got caught out on selling super senior protection for spreads as low as ~2bps and getting hit by MTM even though nothing/little defaulted.
Indeed - due to an increase in correlation!I think that lots of people talk about 'junk' and ignore (or aren't familiar with) the actual evidence - in bold, above!
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff