Financial Zombies — More Scary Scenes, Dead Ahead

https://www.youtube.com/watch?v=Mcssl2y2SR0 http://www.elliottwave.com/r.asp?rcn=… Halloween is past, but the financial walking dead are still among us. We look at a financial services firm that has seen its share price drop, despite aggressive stock buybacks. Take a look at these two charts.

Deutsche Bank Shocks With Warning of €6 Billion LOSS – Sitting on $75 Trillion+ Derivatives Bets – Jim Willie: If Deutsche Bank Goes Under It Will be Lehman Times Five!

Deutsche Bank has warned it will lose more than €6bn (£4.4bn) in the third quarter in a record loss. In a late-night announcement that shocked analysts, Germany’s biggest bank blamed huge impairment charges of €5.8bn for the unexpected losses. Forecasts …

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