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

 
Luxen  (OP)

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10/07/2015 10:41 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
 Quoting: Anonymous Coward 67739412



"Nobody gets out of here alive." Jim Morrison
Anonymous Coward
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10/07/2015 10:41 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...?
 Quoting: Anonymous Coward 57446193



Ding ding ding!! We have a winner!! It may be valued at that but it has counter party risk to cds' s and all it takes is one domino to show it is all worth nothing. Lehman was holding onto triple A assets that many thought crapped gold nuggets, but come to find out it was fools gold.

Soon thereafter? Bankruptcy. Most of the trash they hold is toxic and they know it.

As for the comment about bouncing back. Shill, your definition of bouncing back and mine are worlds different.
Anonymous Coward
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10/07/2015 10:41 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
...


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
 Quoting: Anonymous Coward 67739412



 Quoting: Luxen


rockon
Anonymous Coward
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10/07/2015 10:43 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


Hello fool. Do you know what the definition of "asset" is? If you did you wouldn't be so smug
Anonymous Coward
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10/07/2015 10:46 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
not that anyone will pay any attention to this...but:

deutsche bank is going to collapse
glencore is going to collapse
volkswagon is going to collapse
Germany is going be at death's door and will become 'an island' for self preservation from this and the ECB will no longer support the weak nations in the european union.

this ripple will be devastating with the hundred trillion in derivitives exploding.

japan will crash afterwards.

the U.S. will follow within 3 - 8 months afterwards.

when? could start in 30 days or could go another 6 months.
National Socialist,eh

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10/07/2015 10:46 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


if my math is right?

that would make it 1 trillion,seven hundred and 9 billion in assets ?

1,000 billion is 1 trillion , right?



hitler
a veracious one
Luxen  (OP)

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10/07/2015 10:47 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
not that anyone will pay any attention to this...but:

deutsche bank is going to collapse
glencore is going to collapse
volkswagon is going to collapse
Germany is going be at death's door and will become 'an island' for self preservation from this and the ECB will no longer support the weak nations in the european union.

this ripple will be devastating with the hundred trillion in derivitives exploding.

japan will crash afterwards.

the U.S. will follow within 3 - 8 months afterwards.

when? could start in 30 days or could go another 6 months.
 Quoting: Anonymous Coward 9831451


thisfinger thisfinger thisfinger

Last Edited by Luxen on 10/07/2015 10:47 PM
"Nobody gets out of here alive." Jim Morrison
Anonymous Coward
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10/07/2015 10:52 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
I dunno the answers but there are probably good reasons that people in the industry have been questioning whether DB could be the Lehman of the next crash.

Are DB's assets marked to market or marked to some kind of fantasy or miracle valuation?
At a realistic valuation, what are the assets minus liabilities, even discounting the 800lb gorilla of their derivatives book?

The big sharks are circling and ready to pick off anything of value for pennies on the dollar.
What's gonna happen with the carcass that remains and whose liability will it become?
What are the EU, Germany or the Fed willing to do to bail it out?
The USA was wiling to sell the next several generations of its taxpayers down the river last time. Will they do it again?
Anonymous Coward
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10/07/2015 10:54 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
and with a 700 trillion global derivative risk, the whole financial web is a scam/farce of epic proportions....
 Quoting: Anonymous Coward 25923267


Yup.

.
Anonymous Coward
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10/07/2015 10:54 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
I'm not a doom-date setter...but I thought this was an interesting thread if legit!I get we only have to wait several days to find out...

[link to www.godlikeproductions.com]
Luxen  (OP)

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10/07/2015 10:57 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
I'm not a doom-date setter...but I thought this was an interesting thread if legit!I get we only have to wait several days to find out...

[link to www.godlikeproductions.com]
 Quoting: Anonymous Coward 70441480


Thx for linking.

peace
"Nobody gets out of here alive." Jim Morrison
Anonymous Coward
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10/07/2015 11:01 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
not that anyone will pay any attention to this...but:

deutsche bank is going to collapse
glencore is going to collapse
volkswagon is going to collapse
Germany is going be at death's door and will become 'an island' for self preservation from this and the ECB will no longer support the weak nations in the european union.

this ripple will be devastating with the hundred trillion in derivitives exploding.

japan will crash afterwards.

the U.S. will follow within 3 - 8 months afterwards.

when? could start in 30 days or could go another 6 months.
 Quoting: Anonymous Coward 9831451


You dot-connect in a very fright-night way.

Deutche has had a bounty on its head for a few years, ever since Germany demanded its gold back. Hmmm. . .
Anonymous Coward
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10/07/2015 11:04 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
I dunno the answers but there are probably good reasons that people in the industry have been questioning whether DB could be the Lehman of the next crash.

Are DB's assets marked to market or marked to some kind of fantasy or miracle valuation?
At a realistic valuation, what are the assets minus liabilities, even discounting the 800lb gorilla of their derivatives book?

The big sharks are circling and ready to pick off anything of value for pennies on the dollar.
What's gonna happen with the carcass that remains and whose liability will it become?
What are the EU, Germany or the Fed willing to do to bail it out?
The USA was wiling to sell the next several generations of its taxpayers down the river last time. Will they do it again?
 Quoting: Anonymous Coward 43199023


there was a poster on a similar thread that did look authentic which stated that the preparations are already under way ,where the poster works ,to deal with deutsche's collapse. (defensive hedge moves)
Anonymous Coward
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Australia
10/07/2015 11:07 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
I dunno the answers but there are probably good reasons that people in the industry have been questioning whether DB could be the Lehman of the next crash.

Are DB's assets marked to market or marked to some kind of fantasy or miracle valuation?
At a realistic valuation, what are the assets minus liabilities, even discounting the 800lb gorilla of their derivatives book?

The big sharks are circling and ready to pick off anything of value for pennies on the dollar.
What's gonna happen with the carcass that remains and whose liability will it become?
What are the EU, Germany or the Fed willing to do to bail it out?
The USA was wiling to sell the next several generations of its taxpayers down the river last time. Will they do it again?
 Quoting: Anonymous Coward 43199023


there was a poster on a similar thread that did look authentic which stated that the preparations are already under way ,where the poster works ,to deal with deutsche's collapse. (defensive hedge moves)
 Quoting: Anonymous Coward 9831451


Can you link the thread AC? hf
Anonymous Coward
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10/07/2015 11:08 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Oh damn! Half priced schnitzels
Anonymous Coward
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10/07/2015 11:11 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


Yes, nothing that can't be solved by a clerk in the Federal Reserve just entering $5 billion into their electronic account! It's all monopoly money and bankesters create the monopoly game rules.
Anonymous Coward
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10/07/2015 11:13 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Oh damn! Half priced schnitzels
 Quoting: Anonymous Coward 11231518


Those in bed with the ECB, FED and Merkel will pick up the prime schnitzels for just a few pennies on the dollar.

Any schnitzels left over will be all gristle.
Bon apetit
Truth seeker!

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10/07/2015 11:13 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Yes collapse it!
I only seek the truth n nothing but the truth!

The truth will set you free, for a price!
Anonymous Coward
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10/07/2015 11:22 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
i went looking for the 'employee' that worked in the company preparing for DB crash. sorry. couldn't find it.

but here is another thread that is informative.

Thread: Deutsche Bank is headed for collapse in Germany (Page 3)

in that thread there is a mention and link to the fact that the 'valuations' are based on top market values and have never been re-evaluated after 2007.

deutsche have a trillion in 'assets'...lol...but they are way upside down in reality.
hankie
Everything

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10/07/2015 11:22 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?
 Quoting: Anonymous Coward 67739412


I would pull the one at the bottom holding them up :>)
Sorry I got a headache

These are the times that tries men's and
women's souls!

May we come though it victorious!
Anonymous Coward
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10/07/2015 11:22 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
i went looking for the 'employee' that worked in the company preparing for DB crash. sorry. couldn't find it.

but here is another thread that is informative.

Thread: Deutsche Bank is headed for collapse in Germany (Page 3)

in that thread there is a mention and link to the fact that the 'valuations' are based on top market values and have never been re-evaluated after 2007.

deutsche have a trillion in 'assets'...lol...but they are way upside down in reality.
 Quoting: Anonymous Coward 9831451


Thanks ! u2efine
2/3s of 2/3s

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10/07/2015 11:38 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
...At one point, it was estimated that Deutsche Bank had a staggering 75 trillion dollars worth of exposure to derivatives.


There Are Indications That A Major Financial Event In Germany Could Be Imminent

By Michael Snyder, on September 21st, 2015
Anonymous Coward
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10/07/2015 11:39 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Deutsche Bank is over extended far in excess of Lehman Bros. prior to the pop.
Anonymous Coward
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10/07/2015 11:40 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
Mere chump change by today's standards.

yawn
Anonymous Coward
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10/07/2015 11:49 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
a 7 billion loss on day 7 of October and 7 years after the last market crash in 2008

three 7s = 777

There's your sign folks
Anonymous Coward
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10/07/2015 11:50 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
...At one point, it was estimated that Deutsche Bank had a staggering 75 trillion dollars worth of exposure to derivatives.


There Are Indications That A Major Financial Event In Germany Could Be Imminent

By Michael Snyder, on September 21st, 2015
 Quoting: 2/3s of 2/3s


Not by these standards...
Anonymous Coward
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10/07/2015 11:50 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
I swear. ..wasn't there uncle intel about this during the summer?
WeaponX2

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10/07/2015 11:50 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


damn
Anonymous Coward
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10/07/2015 11:50 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
what's this mean in terms of tomatoes?
Anonymous Coward
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10/07/2015 11:51 PM
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Re: <<Crack in the DAAAMN!!! Deutsche Bank 7 Billion Net Loss!!!>>
More Syrian refugees are needed to plug the crack in Deutschland's Dike!





GLP