Deutsche Bank - a sh*t storm brewing
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 NEILLO  Shoreham-by-Sea 28 Sep 16 10.36pm |
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Originally posted by Cucking Funt
Sure, but there's no longer a ticking time bomb behind the scenes. I have no doubt that they will return to profitability in due course. RBS have a huge ticking time bomb in the form of the Class Action being heard in the courts next year. Goodwin and Co. to be called upon to explain their actions in terms of the sort they told to investors during a rights issue in 2008. Lose, and it's hard to see where they go from there as an institution.
Old, Ungifted and White |
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 Cucking Funt Clapham on the Back 28 Sep 16 10.53pm |
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Originally posted by NEILLO
RBS have a huge ticking time bomb in the form of the Class Action being heard in the courts next year. Goodwin and Co. to be called upon to explain their actions in terms of the sort they told to investors during a rights issue in 2008. Lose, and it's hard to see where they go from there as an institution. Is it sufficient to put their lights out, though?
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glazedallover  Allier 28 Sep 16 11.14pm |
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I worked in the treasury dept. for three years in the early eighties until i left by 'mutual consent'. It was a firkin horrible place even back then. Edited by glazedallover (28 Sep 2016 11.15pm)
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| Sportyteacher London 29 Sep 16 6.25am |
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Originally posted by glazedallover
I worked in the treasury dept. for three years in the early eighties until i left by 'mutual consent'. It was a firkin horrible place even back then. Edited by glazedallover (28 Sep 2016 11.15pm) It still is now according to really good pal of mine who currently works there. The art of smoke and mirrors is alive and well.
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| Brentmiester_General Front line in the battle against t... 29 Sep 16 7.09am |
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Used to deal with them many years ago. Always liked the cut of their jib. Shame.
"We love you Palace, we f@cking hate Man U, We love you Palace, we hate the brighton too, We love you Palace we play in red 'n' blue, so f@ck you, and you ... |
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Henry of Peckham  Eton Mess 29 Sep 16 7.22am |
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A great investment bank. I've got a hessian bag with their logo on it - it's saved me a fortune in platic carrier bags!!!
Denial is not just a river in Egypt |
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aquickgame2  Beni = summer,Caribbean = winter 29 Sep 16 8.09am |
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If DB goes under or needs a bail out,how will that effect the Stock Markets and the Pound to Euro rate ?
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| .TUX. 29 Sep 16 8.48am |
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Originally posted by aquickgame2
If DB goes under or needs a bail out,how will that effect the Stock Markets and the Pound to Euro rate ? The markets (for a long while now) have been artificially inflated with QE (pretend) money. There's no substance to them, so yeah, the markets will collapse (50%+ isn't an unreasonable figure). Warren Buffet is the latest in a long line of multi-billionaires to pull out of the markets which pretty much tells you all you need to know.
Buy Litecoin. |
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| aquickgame2 Beni = summer,Caribbean = winter 29 Sep 16 9.09am |
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Originally posted by .TUX.
The markets (for a long while now) have been artificially inflated with QE (pretend) money. There's no substance to them, so yeah, the markets will collapse (50%+ isn't an unreasonable figure). Warren Buffet is the latest in a long line of multi-billionaires to pull out of the markets which pretty much tells you all you need to know. So I had better put my stock market related pension into what,its gone up loads since Brexit.Is there something I can do to lock into the gains of the market. Exchange rate is important to me I spend so much of my time in Europe and the US and use Pounds to change up.
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| Lyons550 Shirley 29 Sep 16 9.12am |
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Originally posted by Cucking Funt
Sure, but there's no longer a ticking time bomb behind the scenes. I have no doubt that they will return to profitability in due course. The only reason Lloyds is leaking money is because the regulators keep f'ing extending PPI claim deadlines. Other than that they're now making profits and are back paying dividends!
The Voice of Reason In An Otherwise Mediocre World |
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Kermit8  Hevon 29 Sep 16 9.18am |
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Blimey. Suddenly Brexit seems piffling. "a 25 year Great Depression"
We let the Right and their Capitalist ideology go way too far.
Big chest and massive boobs |
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| ElliottHutchins Wakefield 29 Sep 16 9.54am |
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Originally posted by Henry of Peckham
A great investment bank. I've got a hessian bag with their logo on it - it's saved me a fortune in platic carrier bags!!! Some might say it's a great investment bag
I was there - ElliottHutchins 19/12/2006 R.I.P. staffie & DJ Hardline |
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