Art imitates life, life imitates high school...and Deutsche Bank imitates Lehman. Deutsche is bleeding $1 billion per day as counterparties pull their liquid exposure [read: money] from it, fearing their liquidity may be trapped as happened with Lehman's collapse.- The FTV wonks call this a 'liquidity run' [read: it's a bank run]. Deutsche shares are falling in value, at the same time.- Note the similarity of what happened to Lehman shares as it died.
Wednesday, 17 July 2019
Deutsche Bank Run a la Lehman?................from Rico
From Theo Spark at 09:46
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