Update: Deutsche Bank closed “not off the lows” at its lowest close on record – down 7.2% to EU9.16…
ZH reader]==[DB]=Remember they did all their crooked and illegal activities with derivatives with the FED and WITH their blessings.
What change?
Theres a huge geopolitical earthquake getting ready to happen.
The FED is saying I’ll take my ball and go home and play. The rest of the world is saying great, we don’t want your ball and rules of the game anymore
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Their derivative book has been sold to US banks, the ECB will buy up their bonds and nationalization is very close.
Don’t try and trade this unless you’re very smart.
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“Since Lehman replaced with since Deutsche Bank?”
Not Yet. Wells Fargo is still in the running.
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