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<<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>

 
Luxen
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10/07/2015 09:53 PM
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<<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]

Last Edited by Luxen on 10/07/2015 10:01 PM
"Nobody gets out of here alive." Jim Morrison
Anonymous Coward
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10/07/2015 09:55 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


They have $1,709 billion in total assets, 7 billion isn't shit.

[link to annualreport.deutsche-bank.com (secure)]
Luxen  (OP)

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10/07/2015 09:59 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


They have $1,709 billion in total assets, 7 billion isn't shit.

[link to annualreport.deutsche-bank.com (secure)]
 Quoting: Anonymous Coward 70506876


Understood.

But if this were a real, reactionary market, perception is everything.

Nevermind, its not. You're right. It's nothing.
"Nobody gets out of here alive." Jim Morrison
Anonymous Coward
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10/07/2015 09:59 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
Anonymous Coward
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10/07/2015 09:59 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Hope Deutsche Bank has taken down what I am sure was a very expensive digital sign in Times Square telling us how much CO2 we were creating each minute. Maybe Deutsche bank has the wrong set of priorites.
Luxen  (OP)

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10/07/2015 10:00 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
 Quoting: Anonymous Coward 2268641


Thanks. It was misspelled wrong on porpoise.


dolphin
"Nobody gets out of here alive." Jim Morrison
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10/07/2015 10:02 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
 Quoting: Anonymous Coward 2268641


No, I think the poster had it right. Damn. Describes it pretty well.
Nefarious Libertine

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10/07/2015 10:02 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
I don't know, compared to Glencore with 100 billion in debt with most of it unsecured. Now this could be a huge black swan.
We do not learn from history because our studies are brief and prejudiced. In a surprising manner, 250 years emerges as the average length of national greatness. This average has not varied for 3,000years. The stages of the rise and fall of great nations seem to be:
The Age of Pioneers , The Age of Conquests ,The Age of Commerce ,The Age of Affluence ,The Age of Intellect ,The Age of Decadence.
Decadence is marked by: Defensiveness, Pessimism, Materialism,Frivolity An influx of foreigners The Welfare State A weakening of religion. Decadence is due to: Too long a period of wealth and power, Selfishness Love of money ,The loss of a sense of duty.
The life histories of great states are amazingly similar, and are due to internal factors. Their falls are diverse, because they are largely the result of external causes. - Sir John Glubb The Fate of Empires
We are at the end of the Age of Decadence heading into COLLAPSE
Anonymous Coward
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10/07/2015 10:03 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
 Quoting: Anonymous Coward 2268641


Thanks. It was misspelled wrong on porpoise.


:dolphin:
 Quoting: Luxen


is this another market crash shit post? the dow is almost back to 17,000 lets quit posting this market crash shit.
Digital mix guy

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10/07/2015 10:08 PM

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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


alert!!


except that the govt will bail them out tomorrow, probably.
Have no fear, Spock is here!!! LLAP
Anonymous Coward
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10/07/2015 10:10 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
 Quoting: Anonymous Coward 2268641


Thanks. It was misspelled wrong on porpoise.


:dolphin:
 Quoting: Luxen


is this another market crash shit post? the dow is almost back to 17,000 lets quit posting this market crash shit.
 Quoting: Anonymous Coward 69006838


OP is just reporting on current events. If you read it as "market crash shit", well, that's your take.

Thanks OP. It is helpful to know all the dominoes they are lining up to choose from. It's like a game of Jenga - which is going to be the un-lucky log pulled that brings the whole tower down?
Coppercoal

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10/07/2015 10:13 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Aktiengesellschaft.
The big shots tried to hold it back; Fools tried to wish it away
The hopeful depend on a world without end; Whatever the hopeless may say
Anonymous Coward
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10/07/2015 10:14 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
The stock market hasn't been a true indicator of economy health in years. It's just an ATM for people who are already rich. The real economy can only be gauged by statistics, such as this.
Anonymous Coward
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10/07/2015 10:18 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
 Quoting: Anonymous Coward 2268641


Thanks. It was misspelled wrong on porpoise.


:dolphin:
 Quoting: Luxen


is this another market crash shit post? the dow is almost back to 17,000 lets quit posting this market crash shit.
 Quoting: Anonymous Coward 69006838


hahah.

i wonder what happened in 1928 before the market crashed?
i wonder what happened in 2007 before the market crashed?

are people really that stupid>?

even main stream economists are predicting a severe market adjustment.


yet , the smart guy on glp...'hey man, the market is coming up, lets stop thinkin negative'....'quit the negative waves man'...'it's all cool' ...
Anonymous Coward
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10/07/2015 10:19 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


They have $1,709 billion in total assets, 7 billion isn't shit.

[link to annualreport.deutsche-bank.com (secure)]
 Quoting: Anonymous Coward 70506876


and with a 700 trillion global derivative risk, the whole financial web is a scam/farce of epic proportions....
Anonymous Coward
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10/07/2015 10:19 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
The same country drowning in filthy immigrants.
Anonymous Coward
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10/07/2015 10:21 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Where is the problem?

More printing money, more debt and kick the can to the infinite, like USA

Easy easy, free money.
Anonymous Coward
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10/07/2015 10:21 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


They have $1,709 billion in total assets, 7 billion isn't shit.

[link to annualreport.deutsche-bank.com (secure)]
 Quoting: Anonymous Coward 70506876


How liquid are those 'assets' and how many are bad loans...do tell...?
Luxen  (OP)

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10/07/2015 10:22 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
The same country drowning in filthy immigrants.
 Quoting: Anonymous Coward 70508159


Only immigrants that behead other people are not welcome here.

Everyone else, come have a drink.


cheers
"Nobody gets out of here alive." Jim Morrison
Anonymous Coward
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10/07/2015 10:23 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
 Quoting: Anonymous Coward 2268641


Thanks. It was misspelled wrong on porpoise.


:dolphin:
 Quoting: Luxen


is this another market crash shit post? the dow is almost back to 17,000 lets quit posting this market crash shit.
 Quoting: Anonymous Coward 69006838


hahah.

i wonder what happened in 1928 before the market crashed?
i wonder what happened in 2007 before the market crashed?

are people really that stupid>?

even main stream economists are predicting a severe market adjustment.


yet , the smart guy on glp...'hey man, the market is coming up, lets stop thinkin negative'....'quit the negative waves man'...'it's all cool' ...
 Quoting: Anonymous Coward 9831451


ur right... you stated two crashes right? well guess what shirlock we made it through it... two big damn crashed and today 2015 we are still alive and the market is still working... lol.. stfu
Nefarious Libertine

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10/07/2015 10:26 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Crack in the dam, not damn.
 Quoting: Anonymous Coward 2268641


Thanks. It was misspelled wrong on porpoise.


dolphin
 Quoting: Luxen


is this another market crash shit post? the dow is almost back to 17,000 lets quit posting this market crash shit.
 Quoting: Anonymous Coward 69006838


hahah.

i wonder what happened in 1928 before the market crashed?
i wonder what happened in 2007 before the market crashed?

are people really that stupid>?

even main stream economists are predicting a severe market adjustment.


yet , the smart guy on glp...'hey man, the market is coming up, lets stop thinkin negative'....'quit the negative waves man'...'it's all cool' ...
 Quoting: Anonymous Coward 9831451


It's a big beautiful bridge Moriarty.
We do not learn from history because our studies are brief and prejudiced. In a surprising manner, 250 years emerges as the average length of national greatness. This average has not varied for 3,000years. The stages of the rise and fall of great nations seem to be:
The Age of Pioneers , The Age of Conquests ,The Age of Commerce ,The Age of Affluence ,The Age of Intellect ,The Age of Decadence.
Decadence is marked by: Defensiveness, Pessimism, Materialism,Frivolity An influx of foreigners The Welfare State A weakening of religion. Decadence is due to: Too long a period of wealth and power, Selfishness Love of money ,The loss of a sense of duty.
The life histories of great states are amazingly similar, and are due to internal factors. Their falls are diverse, because they are largely the result of external causes. - Sir John Glubb The Fate of Empires
We are at the end of the Age of Decadence heading into COLLAPSE
Anonymous Coward
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United Kingdom
10/07/2015 10:29 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
7 billion is roughly 10% of what their assets exceed their liabilities by.
Anonymous Coward
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10/07/2015 10:31 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Yuge!
Anonymous Coward
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10/07/2015 10:31 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


Ah, Rumsfeld lost 2 Trillion Dollars on 911 from the Pentagon - 7 Billion ain't shit...
Mr. 357 magnum
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10/07/2015 10:32 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
What's the world coming to? What else is happening?

World indices-

[link to www.fxstreet.com]


Dow-

[link to www.investing.com]



Nikkei-

[link to www.investing.com]



Oil-

[link to www.nasdaq.com]



Futures-

[link to www.investing.com]



God is beautiful... [link to app.box.com (secure)]
Anonymous Coward
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10/07/2015 10:32 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Billion here billion there soon yer talking big money.
Anonymous Coward
User ID: 57446193
United Kingdom
10/07/2015 10:33 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


Ah, Rumsfeld lost 2 Trillion Dollars on 911 from the Pentagon - 7 Billion ain't shit...
 Quoting: Anonymous Coward 9047692


It is when you cant print it yourself.
Anonymous Coward
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10/07/2015 10:34 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
7 billion here, 7 billion there, pretty soon you're talking about some real money.
Anonymous Coward
User ID: 9047692
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10/07/2015 10:34 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


Ah, Rumsfeld lost 2 Trillion Dollars on 911 from the Pentagon - 7 Billion ain't shit...
 Quoting: Anonymous Coward 9047692


It is when you cant print it yourself.
 Quoting: Anonymous Coward 57446193

Ah, Point Taken...
Anonymous Coward
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10/07/2015 10:38 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
The same country drowning in filthy immigrants.
 Quoting: Anonymous Coward 70508159


Only immigrants that behead other people are not welcome here.

Everyone else, come have a drink.


cheers
 Quoting: Luxen


They all look alike to me...how do you tell them apart?
Anonymous Coward
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10/07/2015 10:39 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Huge. Huge. Huge.

7 Billion net loss.

Deutsche is like JP Morgan of Europe.



"Deutsche Bank AG co-Chief Executive Officer John Cryan unveiled the firm’s biggest quarterly loss in at least a decade and may eliminate a dividend that’s stood since Germany’s postwar reconstruction as he tries to overhaul the firm without asking shareholders for more capital."


[link to www.bloomberg.com]
 Quoting: Luxen


They have $1,709 billion in total assets, 7 billion isn't shit.

[link to annualreport.deutsche-bank.com (secure)]
 Quoting: Anonymous Coward 70506876


and with a 700 trillion global derivative risk, the whole financial web is a scam/farce of epic proportions....
 Quoting: Anonymous Coward 25923267


That's a lot of 7's





GLP