Spreading the truth. Empowering the people.
People look at information as it is presented to them. One dimensionally. They don’t read between the lines. They don’t understand reality. They simply believe whatever they’re told or they … Read more
Do you think that Deutsche Bank will need a bailout at some point? If so, by what mechanism will they be propped up? One of the biggest corporations in the … Read more
via wallstreetonparade: Deutsche Bank Headquarters in Frankfurt, Germany On July 21, 2011, when the GAO released its audit of the Federal Reserve’s secret $16.1 trillion in bank loans during the financial crisis, a … Read more
via wallstreetonparade: The most recent 10Ks (annual reports) filed by the largest Wall Street banks covering their financial condition as of December 31, 2018, provide the strongest argument thus far for … Read more
via bloomberg: Financial markets have short memories. Of late, they’ve convinced themselves that collateralized loan obligations (CLOs) are much safer instruments than the collateralized debt obligations, or CDOs, on which they’re … Read more
No one can afford even the smallest hiccup in derivatives. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. After months of furious lobbying, the City of London Corporation has … Read more
The U.S. stock market has been excessively volatile. Every day it’s a wild one. What’s impossible to determine is where the bottom is. Nobody knows. What we can determine is … Read more
Today with all the other wonderful financial news, DB shares went under $8. The merger with Citi has obviously fell apart. now the German government is scrambling to Merge DB … Read more
via telegraph.co.uk: The pillars of the global financial system are fundamentally unstable and could lead to a frightening chain-reaction in the next crisis, the world’s top watchdog has warned. Giant “central … Read more
The biggest-ever bet on Bitcoin options is about to expire worthless. Purchased for almost $1 million on LedgerX’s trading platform just days after Bitcoin peaked a year ago, the call options … Read more
via thestreet: Stocks quotes in this article: SHLD, DB, C, JPM, BAC, WFC * Large U.S. banks are rapidly gaining share in fixed income trading and retail and corporate lending Deutsche Bank’s shares hit another new low … Read more
The Bank of Canada is desperate. The housing market in Canada is the last avenue for keeping up a fraudulent economy. Real estate has been the only factor allowing Canadians … Read more
via zerohedge: Just when Deutsche Bank probably thought the worst of its legal troubles (over the Libor scandal, sales of shoddy mortgage-backed securities, FX and precious metal rigging which collective resulted … Read more
by Chris They are accounted for using a “net” position. Example: Imagine that DB has sold a credit default swap to party A, but then also bought a credit default … Read more
via DAVID P. GOLDMAN The cure for the last crisis always turns into the cause of the next one. The economies of southern Europe – Greece, Italy, Spain and Portugal – … Read more
March 29 is the deadline. Urgent action is needed. But it’s not happening. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. With less than six-and-a-half months to go before … Read more