Deutsche Bank Lost $1.6 Billion on a Bond Bet

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A Wall Street Journal exclusive: How Deutsche Bank lost $1.6 billion on a busted bond bet known inside the bank as the “Berkshire trade.”

 

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And not a penny of it their own money

The actions of these glorified Casinos endanger the livelihood of working stiffs. Every person, country and enterprise that deals with this bank will pay for this stupidity.

Love these kind of articles.

A passion to underperform....

CDS ...danger in air

Prepare for massive shareholder lawsuits and likely criminal investigations for fraud...

soon the bank will have to write off $800 million in loans to Trump as he might not be able to repay from inside a maximum security prison!

Looks like Deutsche Bank may be a dead man walking from its stock history.

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