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Max Keiser: Deutsche Bank Is OFFICIALLY On SUICIDE WATCH.WILL Be The NEXT LEHMAN That Triggers COLLAPSE
My Geneva fund contact: Deutsche Bank is officially on suicide watch. DB will be the next ‘Lehman’ moment that triggers new collapse.. https://twitter.com/maxkeiser/status/360017521753075713 Deutsche Bank Opaque Loans From Brazil to Italy Hide Risk http://www.bloomberg.com/news/2013-07-11/deutsche-bank-opaque-loans-from-brazil-to-italy-hide-risk.html Deutsche Bank’s Accounting Raises Questions ….In other words, these ‘secured’ loans are not really secured, unless one considers what is effectively a short position on the bonds that were provided as collateral to represent adequate security. In addition, DB apparently ‘spiced’ the deals up by writing credit default swaps, exposing it to even more credit risk.
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